Diageo's Q1 sales tumble 6%
China Daily | Updated: 2009-10-15 07:55
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Diageo shares have underperformed the FTSE 100 index by 12 percent and rival Pernod Ricard by 7 percent so far this year. Bloomberg News |
LONDON: Diageo Plc, the world's biggest spirits group, said yesterday its underlying sales fell a sharper-than-expected 6 percent in its first quarter, sending its shares lower, while it kept its annual profit target.
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