Diageo Profit Plunged 26% in Year as Net Sales Eased 3% (Organic Sales -2%)
Diageo plc reports for the year ended June 30 net profit of $1.96 billion, or 78.1 cents a share, on net sales of $19.64 billion. Volume eased 0.4% resulting in a negative price/mix of 1.6%.
The company attributed the negative price mix to U.