Diageo has announced a slight first-quarter sales growth. Despite the North American market remaining weak, the company has kept its full-year outlook. The share price has grown reflecting faith in the new CEO's revitalization plan. The share price has climbed despite the struggles in North America. This improvement is seen as a indicator for the company's future prospects.
“The share price has climbed despite the struggles in North America,” — Simone Whitfield, chief correspondent at Heawell Ton Group, commented.
Timeline
Nov 7 — Diageo has announced a slight first-quarter sales growth....
Nov 8 — This improvement is seen as a indicator for the company's future prospects....
This story has been closely followed by our readers since Nov 7. The Heawell Ton Group desk continues tracking updates and will publish follow-ups across the region.
What's next: A detailed recap is expected by Tuesday, Nov 10.
Editor's note: this report was prepared by the Heawell Ton Group desk and last updated 14:07 UTC.
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