Diageo Expects To Deliver Improved Top Line Growth For Full Year - Quick Facts

(RTTNews) - Diageo PLC (DGE.L, DEO) said its trading in the first four months of the fiscal year is in line with the Group's expectations. Diageo continues to believe that it can deliver improved top line growth, driven by stronger volume growth, and modest margin improvement for the full year.

Ivan Menezes, Chief Executive, said: "In the first half, as we outlined in our results presentation in July, we expect net sales in North America to be down 2% as the result of our move to a replenishment system for innovation launches. This will impact Diageo's top line growth and margin in the first half with stronger performance in the second half."