Beverage alcohol giants are now revealing the impact that tariffs are expected to have on their business. How are they trying ...
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Diageo plc (NYSE:DEO) Q2 2025 Earnings Call TranscriptToday, I will begin by providing an update on our performance for the half. Then our new CFO, Nik Jhangiani, will share his early impressions of the business, and discuss our results, the recent ...
The company is warning investors of the potential impact — if tariffs take effect next month — on the spirits business’ ...
Nik Jhangiani, CFO, added that the focus is on driving leverage through the P&L, with some one-off costs impacting the first half. Q: What are you seeing in US shipments versus sell-out, and can you ...
FTSE 100 dips as trade tensions rattle markets; sterling gains. Entain jumps on BetMGM outlook, Vodafone slumps. US job data fuels rate cut bets. GSK, PMIs in focus.
Finance chief Nik Jhangiani said Diageo was having some success getting cash-strapped consumers in the US to keep buying its premium spirit brands in smaller, more affordable, bottles. Guinness ...
Finance chief Nik Jhangiani said Diageo anticipates US$200 million would be wiped off operating profits for the financial year to June 30 if tariffs are enforced from March 1. That estimate is among ...
New finance chief Nik Jhangiani told journalists he expected a gross impact of around $200m on the company's operating profit for the current financial year, mostly from tequila, if tariffs are ...
Nik Jhangiani, Diageo’s new finance chief, said work was underway that would leave the company “better placed when the market recovers”. Jhangiani joined in September and was tasked with refreshing ...
Leading drinks group Diageo today reported net sales of US$10.9 billion in the first six months of its final year to 31 December 2024, down by -0.6%, although organic sales returned to slight (+1%) ...
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