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The company’s cost-saving effort involves some job cuts as it navigates trade disputes and a slowdown in alcohol consumption.
Diageo reported a smaller than expected fall in annual profit on Tuesday and said it expected to have a permanent new CEO by ...
Diageo, which has come under pressure from investors to cut costs and reduce debt, also said it was adding $125mn to its cost ...
Diageo envisions supplying those looking for smaller bottles and beverages with little or no alcohol, interim CEO Manik ...
Diageo forecast flat full-year sales on Tuesday, despite a $200 million impact from tariffs, helping reassure investors after ...
Diageo’s latest earnings offer a crucial lesson. While traditional Scotch is struggling, the booming success of Crown Royal ...
Diageo, the maker of Guinness stout and Smirnoff Vodka, reported Tuesday a sharp drop in annual net profit and raised its ...
Diageo shares climbed in early Tuesday trade as investors digested the drinks maker's earnings report. CNBC's Karen Tso dives ...
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Diageo ups cost-savings target

Diageo is now looking to achieve around $625m in cost savings in the next three years as part of the drinks giant's bid to ...
Diageo Plc’s shares surged the most in nearly five years after the drinks maker said it expects to maintain sales growth this ...
Diageo (NYSE:DEO) targets $125M in additional cost savings to combat macroeconomic pressures and boost shareholder returns.
Diageo has announced a significant increase in its cost savings target as part of its ongoing Accelerate programme, now ...