Diageo PLC (NYSE:DEO)
$ 126.45 -0.11 (-0.09%) Market Cap: 69.55 Bil Enterprise Value: 92.26 Bil PE Ratio: 18.31 PB Ratio: 7.10 GF Score: 87/100

Diageo PLC Brunchtime Call with the Presidents: Europe, Turkey, and India Transcript

Oct 03, 2019 / 12:00PM GMT
Release Date Price: $162.52 (+2.68%)
Operator

Hello, everyone, and welcome to the Diageo Europe and Turkey Regional President's Investor Call. Today's conference is being recorded. Your call today would be hosted by Mr. John Kennedy. (Operator Instructions)

We are now ready to start the call. Mr. Kennedy, please go ahead.

John Thomas Kennedy
Diageo plc - President of Europe, Turkey & India

Okay. Hello, everyone, and welcome. It's John here. Great to be with you once again to take some time to update you on the Europe and Turkey region. As in previous calls, while my responsibilities include India, I'll take the opportunity today to just focus on Europe and Turkey. I'll run through a business update for the next 20 to 25 minutes or so and then take questions. And given the scale of the Europe market, I'll spend most of our time there as usual and then follow up with a brief update on Turkey.

So Europe continues to be an attractive market for us to participate in. It's a market that's been consistently premiumizing over the past 10 years. Super premium plus spirit brand volumes have

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