Diageo PLC (NYSE:DEO)
$ 126.545 -0.015 (-0.01%) Market Cap: 69.55 Bil Enterprise Value: 92.26 Bil PE Ratio: 18.31 PB Ratio: 7.10 GF Score: 87/100

Half Year 2022 Diageo PLC Earnings Call (Q&A Session) Transcript

Jan 27, 2022 / 09:30AM GMT
Release Date Price: $200.89 (+1.40%)
Operator

Good morning, and welcome to Diageo's 2022 Interim Results Q&A Call. Your call today will be hosted by Ivan, Diageo's CEO; and Lavanya, Diageo's CFO. This conference is being recorded. (Operator Instructions) We are now ready to start the call. Ivan, please go ahead.

Ivan M. Menezes
Diageo plc - CEO & Executive Director

Hello, everyone, and thank you for joining our interim results call for fiscal '22. I hope you've had a chance to read our press release and watch our presentation webcast on diageo.com.

I'm very pleased with our results for the first half of fiscal '22. It builds on our strong momentum in fiscal '21 and demonstrates our world-class brand building, supply chain excellence and agile culture. Organic net sales were up 20%. All 5 regions delivered double-digit growth and exceeded net sales in the first half of fiscal '19.

Growth was broad-based across categories, and I was particularly pleased with the strong growth in scotch, up 27%; the continued outperformance in tequila, up 56%; and the recovery in beer, up 22%. We

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot