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Spirits Industry

  • Diageo shares slide on profit warning after weak Chinese demand

    Business

    Shares in FTSE 100 drinks giant Diageo have fallen after weak demand in China and the US hurt sales and profit expectations. The group said its operating profit growth was set to be in the low to mid single-digit range for the year to June 2026, down from its previous guidance of mid single digits. [...]

    As well as Guinness, Diageo also owns Johnnie Walker, the world's best-selling Scotch Whisky

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