Diageo PLC (NYSE:DEO)
$ 134.19 -2.57 (-1.88%) Market Cap: 74.28 Bil Enterprise Value: 95.90 Bil PE Ratio: 19.41 PB Ratio: 7.21 GF Score: 86/100

Preliminary Q4 2024 Diageo PLC Earnings Call (Q&A) Transcript

Jul 30, 2024 / 08:30AM GMT
Release Date Price: $125.39 (-4.70%)
Operator

Good morning, and welcome to Diageo's F24 Preliminary Results Q&A conference. Your call today will be hosted by Debra, Diageo's CEO; and Lavanya, Diageo's CFO. This conference is being recorded. (Operator Instructions)

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

Debra Crew
Diageo PLC - Chief Executive Officer, Executive Director

Good morning, and thank you for joining our preliminary results call for fiscal '24. I hope you've had a chance to read our press release and watch our presentation on diageo.com. Fiscal '24 was a challenging year for both our industry and Diageo as we navigated a volatile operating environment across the globe. Group organic net sales declined 0.6% and the main driver was materially weaker performance in LAC, our Latin America and Caribbean region.

For perspective, if you exclude LAC, organic net sales grew plus 1.8%, driven by resilient growth in Africa, Asia Pacific and Europe regions. This offset the decline in North America, which was attributable to a cautious consumer environment, retailer

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