Despite warning that Brexit might have an impact its international whisky sales, Diageo seems to have found the right tipple to satisfy investors, rising 3.5% as yesterday went on.
The Guinness owner’s operating profit jumped by 1.6% to £2.84 billion, while earnings per share rose 1% to 89.4p, though it wasn’t all good news, with reported net sales slipping by 3%.
Connor Campbell, a senior market analyst at www.spreadex.com, said: “The day’s gains see Diageo back to effective all-time highs, the company seeing an incredible rise in the aftermath of the Brexit referendum result.”
