Full Year 2022 Diageo PLC Earnings Presentation (Pre-Recorded) Transcript

Jul 28, 2022 / 06:15AM GMT
Presentation (Pre-Recorded)
Jul 28, 2022 / 06:15AM GMT

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Corporate Participants
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* Ivan M. Menezes
Diageo plc - CEO & Executive Director
* Lavanya Chandrashekar
Diageo plc - CFO & Director

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Ivan M. Menezes - Diageo plc - CEO & Executive Director

Good morning, everyone. I'm pleased to share our excellent results for fiscal '22. When we reported our interim results in January, we have delivered strong performance in the first half of the year while navigating a very dynamic environment. In the second half, the operating environment was even more challenging with stronger headwinds from inflation, supply chain disruptions, and geopolitical events. As Lavanya will discuss in further detail, our strong top line growth, gross margin expansion, and productivity savings have enabled continued reinvestment in our brands and strategic priorities. These results demonstrate that our growth algorithm is working even as the world around us is changing at base. Our strong

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