Tariffs could deal $200 million blow to Diageo in second half
Diageo estimates its operating profit could be dented by roughly $200 million if U.S. tariffs on Mexico and Canada are implemented in March, its finance chief Nik Jhangiani said on Tuesday, adding it had strategies to offset the impact.
Diageo knew tariffs were coming, but being "effective immediately" has left it to deal with uncertainty in 2025.
The Guinness maker is expanding operations in the South, saying the facility will improve its sustainability footprint and ...
CEO Debra Crew said Diageo was taking action to "mitigate the impact and disruption to our business that tariffs may cause." ...
Diageo , the world's top spirits maker, is exploring a potential spin-off or sale of beer brand Guinness and is reviewing its ...
Double-digit growth in Diageo's iconic drinks brand Guinness helped the company to recover, as it prepares for possible ...
Diageo was “working round the clock to replenish stock levels,” and ensure supplies were available for rugby’s Six Nations ...
Spirits giant Diageo has agreed to sell its 80.4% shareholding in Guinness Ghana to Castel Group for $81 million, it said on ...
In its 2025 interim results announcement, Diageo scrapped its medium-term guidance due to macroeconomic and geopolitical ...
Diageo plc has officially announced the sale of an 80.4% shareholding in Guinness Ghana Breweries plc to Castel Group, as ...
Drinks giant Diageo today reported a return to sales growth but warned that US tariffs could impact the company’s “building ...
Diageo gave a sobering read on Donald Trump's burgeoning tariff war this week, blaming the White House for threatening to ...
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