Ivan Menezes

21 results

Diageo plans to use net proceeds of about £320 million after tax and transaction costs to repay borrowings

Drinks group Diageo has agreed the $552 million (€483m) sale of its major wine interests to Treasury Wine Estates, it said on Wednesday, as part of it(...)

Globally, Guinness sales were flat in the 12 months to the end of June

Sales of Guinness rose 2 per cent in Ireland in the year ending June 30th but were flat elsewhere. Meanwhile, sales of Baileys - the most popular crea(...)

Diageo, the world’s biggest distiller, expects its business in China to return to growth as early as next year. Photo: Reuters

Diageo, the world’s biggest distiller, expects its business in China to return to growth as early as next year as the company overcomes austerity meas(...)

Guinness grew 1.4 per cent to a share of 8.9 per cent in the off trade in Ireland while returning a 32.7 per cent for the on trade

Sales of Guinness rose 1 per cent in Ireland for the second half of 2014, taking the brand back to growth for the first time in six years.Diageo said (...)

The Irish Times’ business affairs correspondent Mark Paul: chief executive of Viber? Photograph: Dara Mac Donaill

We received a large entry for Ciarán Hancock’s Christmas Quiz, which took some time to work through. It threw up a few odd answers with a number of yo(...)

In North America, Diageo’s biggest division, sales increased 0.1 per cent, while revenue in the European unit, which now includes Eastern Europe and Turkey, declined 1.4 per cent, missing estimates

Diageo saw organic net sales fall by 1.5 per cent in its first fiscal quarter but said it was confident of improved full-year top line growth.In an in(...)

“Brewhouse No.4” a new €169 million brewery, at St. James’s Gate, Dublin. Photograph: Eric Luke

Alarm bells were ringing at St James’s Gate yesterday as an unfortunately-timed warning alert sounded just as Taoiseach Enda Kenny was starting to spe(...)

A pedestrian passes the entrance to the Guinness brewery, operated by Diageo´,  in Dublin. Photograph: Aidan Crawley/Bloomberg

Drinks giant Diageo said weakness in emerging markets including China will weigh on growth this year after reporting third-quarter sales that u(...)

Guinness parent company Diageo says China and India are “key growth engines” for the group. Photograph: Eric Luke

Guinness parent Diageo vodka, has shaken up its management team in a move that underscores its ambitions in emerging markets and lays down a ma(...)

Net sales of Guinness declined by 6 per cent in Ireland due to the warm summer

Drinks maker Diageo has reported a 1.8 per cent increase in sales for the six months to the end of December, due to strong demand in the US.The group,(...)

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