Equity reports

Get to know your offshore companies: DIAGEO PLC (LSE: DGE)

Diageo plc, together with its subsidiaries, produces, markets and distributes premium alcoholic beverages worldwide.

The company offers globally recognised flagship brands such as Smirnoff, Johnnie Walker, Captain Morgan, Cîroc, Guinness, Jose Cuervo, Bell’s, VAT 69, J&B, Tanqueray and Gordon’s.

Diageo reported a double-digit operating profit increase of 12% mainly due to revenue growth and productivity efficiencies which saw an increase in earnings per share (before exceptional items) of 14% for the period.

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