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Diageo sees 9.4% jump in organic net sales for first half as prices rise
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Diageo PLC UK:DGE said Thursday that pretax profit rose in the first half of fiscal 2023, supported by better-than-expected sales volumes due to higher prices, and raised its dividend payout.
The London-based maker of Johnnie Walker Scotch whisky, Guinness stout and Smirnoff vodka made a pretax profit of 3.06 billion pounds ($3.73 billion) for the six months ended Dec. 31 compared with GBP2.72 billion the prior year.
Organic…
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