Diageo: stock up after solid interim results
(CercleFinance.com) - The Diageo share is up 4% on the London Stock Exchange this morning, after the group published solid interim results.
Over H1 2018/2019, at end-December, the British spirits giant saw its volumes sold rise by 3% as reported, and were up 4% in organic terms. Net sales rose by 6% to 6.9 billion pounds, up 7% like-for-like. Operating profit also increased; up +12% in both reported terms and organically, reaching 2.43 billion pounds.
Finally, EPS rose 14% from 67.8 pence to 77 pence.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
Over H1 2018/2019, at end-December, the British spirits giant saw its volumes sold rise by 3% as reported, and were up 4% in organic terms. Net sales rose by 6% to 6.9 billion pounds, up 7% like-for-like. Operating profit also increased; up +12% in both reported terms and organically, reaching 2.43 billion pounds.
Finally, EPS rose 14% from 67.8 pence to 77 pence.
Copyright (c) 2019 CercleFinance.com. All rights reserved.