Diageo reports 4% pretax profit drop

Article Abstract:

Diageo PLC posted a drop of 4% in pretax profits for the 1998 year. The company was hurt by the economic problems in the Asian and Latin American regions. Diageo, the largest drinks company in the world, posted 1.77 billion pound sterling (2.74 billion euros) for the year ending on June 30, 1999. In the year before, Diageo posted 1.85 billion pound sterling.

Comment:

Posts drop of 4% in pretax profits for the 1998 year

Abstract, Liquor industry

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Diageo's spirits business does well as Burger King lags

Article Abstract:

Diageo PLC posted an increase of 9.4% in its adjusted pretax profits for the half-year period ending December 31, 2000. The company posted 1.19 billion pounds (1.89 billion euros) in pretax profits for the period.

Distilled and blended liquors

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Diageo's profit misses targets

Article Abstract:

Diageo PLC has reduced its financial targets for the 2003 year after experiencing difficult trading conditions. However, the company is expecting a rebound in the 2003 second half.

Forecasts, trends, outlooks, Beer, Wine & Liquor, Whsle, Beer, Wine, and Distilled Alcoholic Beverage Wholesalers, Beer, Wine, and Distilled Beverages, Forecasts and trends, Market trend/market analysis, Company sales and earnings, Company earnings/profit

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