|Bid||28.530 x 0|
|Ask||28.605 x 0|
|Day's range||28.765 - 28.765|
|52-week range||23.000 - 29.050|
|PE ratio (TTM)||N/A|
|Dividend & yield||N/A (N/A)|
|1y target est||N/A|
Australia's Treasury Wine Estates (Dusseldorf: T7W.DU - news) Ltd, the world's biggest listed stand-alone wine company, posted a record half-year profit as it catered to China's thirst for mid-range product and benefited from a United (Shenzhen: 000925.SZ - news) States purchase. Net (LSE: 0LN0.L - news) profit for the owner of the Penfolds, Wolf Blass and Rosemount wine labels more than doubled to A$136.2 million ($104.1 million) for the six months to Dec (Shanghai: 600875.SS - news) . 31, helped by an earnings contribution from the recently acquired U.S. wine business of Diageo Plc (LSE: DGE.L - news) .
Diageo (LSE: DGE.L - news) will launch a new blended Irish whiskey called Roe & Co, the world's largest distiller said on Tuesday. The maker of Johnnie Walker Scotch and Smirnoff vodka said it would invest 25 million euros ($26.76 million) over three year to build a distillery in Dublin, nearly two years after it pulled out of the Irish whiskey market. In 2015, Diageo swapped its Bushmills Irish whiskey brand for Cuervo's 50 percent stake in their Don Julio premium tequila joint venture to regain its leading position in tequila.
East African Breweries Ltd (EABL), controlled by Britain's Diageo (LSE: DGE.L - news) , blamed a jump in Kenyan tax on beer for its flat sales in the six months to Dec (Shanghai: 600875.SS - news) . Chief Executive Andrew Cowan told Reuters on Friday that Kenya should adopt regular, predictable excise tax increases rather than big moves every few years, pointing to a drop in sales of leading brands such as Tusker after Kenya increased excise duty on beer by 43 percent at the end of 2015. "The boom and bust approach -- a 43 percent tax increase -- has put the heartbeat of our business, that Tusker brand, under pressure," Cowan said after a news conference on the previous day's half-year results.
European shares held around one-year highs on Thursday, supported by mergers and acquisitions-related optimism, with Johnson & Johnson's $30 billion deal to buy Actelion lifting shares in the Swiss biotech ...
East African Breweries Ltd increased after-tax profit by 2 percent in its first half to the end of December, despite beer sales in its main market Kenya being hurt by tax increases, it said on Thursday. The company, controlled by Britain's Diageo (LSE: DGE.L - news) , said in a statement that net sales in Kenya were flat while Uganda posted a 7 percent jump in sales. The company said Kenya makes up 70 percent of its profits, and this had been affected by tax hikes.
European shares climbed to a one-year high on Thursday, supported by mergers and acquisitions-related optimism, with Johnson & Johnson's $30 billion deal to buy Actelion lifting shares in the Swiss biotech ...
Diageo, the world's largest distilled drinks company, reported a better than expected rise in sales on Thursday, helped by improvements in its U.S. business that boosted confidence in the company's future ...
Diageo, the world's largest distilled drinks company, reported on Thursday better than expected sales growth in the last six months, helped by improvements in its U.S. business and the strong U.S. dollar. ...
Guinness Nigeria said on Monday it was seeking shareholder approval for a share issue to raise 40 billion naira ($127 million) which it needs to strengthen its balance sheet following recent losses. The company, which is 54 percent owned by Diageo, reported in September last year it made a pretax loss of 2.35 billion naira in the year ended June 30, its first annual loss in 30 years. In October last year the company reported it made a further pretax loss of 2.21 billion naira in the quarter ending Sept. 30, compared with a profit of 517.6 million naira in the same period of 2015.