Diageo has beaten expectations, with surging sales and boosted profits, as consumers splashed out on premium tipples.
The group - which owns brands like Johnnie Walker, Smirnoff and Guinness - stated that its sales grew 9.4% organically to £9.4bn over the second half of 2022, from £8 billion during the same period in 2021.
Its organic operating profit also grew nearly a 10th to £3.2bn over the period, surpassing analysts’ expectations.