Guinness-maker Diageo's Shares Reportedly 'Hit An All-Time High'
Diageo, the world's largest spirits company's shares hit an all-time high of £36.03 (€39.60) yesterday, reported the Irish Independent.
The Guinness-maker reported in its latest financial statement that its operating profit soared by 10p% to £4 billion for the year ended June 30.
The company also approved plans to return up to £4.5 billion ($5.6 billion) to shareholders over financial years 2020-2022, less than some analysts had expected, which pushed its shares 1.8% lower.
'Game of Thrones'
Other highlights for the company last year was the launch of its 'White Walker by Johnnie Walker' scotch, which was inspired by HBO's global hit Game of Thrones and recruited new consumers into malt whisky.
The drinks giant reported higher annual profit on in its latest annual report, and its scotch which represents a quarter of Diageo's net sales was up 6% with broad-based growth across all regions except Europe.
© 2018 Checkout – your source for the latest Irish retail news. Article by Donna Ahern. Click subscribe to sign up for the Checkout print edition.