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The Guardian - UK
The Guardian - UK
Business
Rob Davies

How fortunes turned flat at Johnnie Walker and Guinness owner Diageo

bottles of Smirnoff vodka
Diageo owns premium spirits brands such as Smirnoff vodka, Gordon’s gin and Johnnie Walker whisky. It also owns Guinness. Photograph: Andrew Kelly/Reuters

“Good things come to those who wait” may have been an effective slogan for selling Guinness but City investors are demanding more urgency to slake their thirst.

With a crucial half-year results presentation likely to take place on Tuesday, their patience with the boss of Diageo – the global drinks company that makes the “black stuff” – appears to be wearing thin.

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