British beverages giant Diageo PLC (DEO,DGE.L) reported third-quarter organic net sales growth of 4% with volume down by 1% and strong price/mix. Reported net sales advanced 7% in the quarter, benefitting from the acquisition of Shui Jing Fang and Ypióca and a small positive foreign exchange impact.
For the nine-month period, the company said it delivered 5% organic net sales growth with volume up 1%, in line with the first-half performance of fiscal 2013. Reported net sales growth for nine months was 6%, also against the comparable prior period.
In addition, the company said it remains confident that its performance continues to be in line with its medium term guidance.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.