Finance News – Diageo
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Tariffs are clearer at Diageo – not much else is | Nils Pratley
Diageo anticipates a $150 million annual profit impact from new US tariffs, primarily affecting its UK and EU exports, but expects to offset approximately half of the financial bur...
Read Full Article →Splitting the G: Is Diageo gearing up to sell off Guinness?
Diageo’s plan to reduce expenses by $500 million over three years, including potential divestitures and workforce reductions, aims to lessen the financial effects of recent trade t...
Read Full Article →Johnnie Walker owner Diageo says Trump tariffs could hit profits by $150m
Diageo, owner of several major alcohol brands, anticipates a significant annual profit reduction due to recent import duties and plans to implement cost-saving measures that may af...
Read Full Article →Guinness maker Diageo to offset US tariffs with cost cuts
Diageo, a leading beverages company, announced a three-year plan to reduce expenses by $500 million to address financial challenges arising from import duties imposed by the United...
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