Diageo – Poised For Nightclub Renaissance
Diageo plc (LON:DGE)’s full year net sales rose 16% to £12.7bn, on an organic basis. That reflects growth in all regions, and the effect of easier comparisons from last year’s disruption. Underlying operating profit rose faster than sales, increasing 18% to £3.7bn. Q2 2021 hedge fund letters, conferences and more The group intends to pay a final dividend of 44.59p per share, an increase of 5% on last year, and takes the full year payment to 72.55p. Diageo expects organic net sales growth to continue into the next financial year, and for North America to return to pre-pandemic growth levels. Ho...