Get all your news in one place.
100's of premium titles.
One app.
Start reading
Insider UK
Insider UK
Business
Peter A Walker

Scotch sales drive Diageo to 18% profit growth

Diageo has reported operating profits up 18.2% to £4.4bn, primarily driven by organic growth, with net sales up 21.4% to £15.5bn.

Growth reflects continued recovery of the on-trade, resilient consumer demand in the off-trade and market share gains, according to the group's preliminary results.

Operating margin decreased by 77 basis points, although this was more than offset by exceptional operating items of £388m.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.