Diageo, the British drinks giant that owns Guinness, has said trading conditions remain challenging due to ongoing cost inflation across its business and geopolitical uncertainty in key markets.
In a trading update released ahead of its annual general meeting on Thursday, the London-headquartered drinks company said the business remains on track to deliver on its medium-term targets despite the difficult trading environment. It comes as Diageo’s share price remains under pressure as it has dropped ...
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