Tag Archives: Diageo

Diageo half-year sales boosted by strong demand in Asia, U.S.

Diageo Plc, on Thursday reported a 6% sales growth for the first-six months of its financial year ending on 31st December 2018.

The British drinks maker behind such brands as Johnny Walker Scotch whisky and Guinness Stout said that revenue rose to £6.9bn ($9.07bn) compared to £6.5bn in the previous year, driven by stronger demand from China, India and the U.S.

Diageo appoints Gabriel Opoku-Asare as new Head of Society, Africa

Drinks giant Diageo Plc has appointed Gabriel Opoku-Asare, as Head of Society (Sustainability and Responsibility) – Africa Region effective February 1, 2019.

Gabriel was the Corporate Relations Director at Guinness Ghana Breweries Plc (GGBPLC), a subsidiary of Diageo prior to his new appointment.

Diageo sells United National Breweries to Delta Corp

Diageo Plc announced on Thursday it has entered into an agreement for the sale of United National Breweries (UNB), a maker of sorghum-based traditional African beer called Chibuku in South Africa to Delta Corp of Zimbabwe.

The British-based alcoholic beverage firm said that the transaction is subject to regulatory approval and expected to close in the second-half of 2019.

Delta Corp, Zimbabwe’s largest company and a subsidiary of Anheuser-Busch InBev is a leader in sorghum-based beer with its own brand of Chibuku. The purchase by Delta would be its second outside of Zimbabwe. It acquired Zambia’s National Breweries Plc, also a brewer of Sorghum-based Chibuku Shake-Shake in January, making it the largest producer of such brand of beer.

FG, UNITAR, Guinness renew partnership to reduce accidents, deaths

The Federal Government, yesterday, renewed the three-year partnership agreement with the United Nations Institute for Training and Research, UNITAR and Diageo, parent company of Guinness Nigeria, aimed at reducing deaths and injuries through accidents in Nigeria.

The agreement was signed on behalf of Nigeria by the Minister of Transport, Rotimi Amaechi, while Mr. Baker Magunda, Managing Director of Guinness Nigeria and Mr. Nikil Seth, Executive Director, UNITAR, signed for the various organizations.

McDowell’s No. 1 Whisky transitions to new name, Mr. Dowell’s

McDowell’s No. 1, the largest selling whisky in Nigeria and a brand produced and marketed by Guinness Nigeria Plc under licensing agreement from Diageo Plc, its parent company, has announced a name change to ‘Mr. Dowell’s No.1’.

Speaking on the name change, Temitope Adenle, Brand Manager, Mr. Dowell’s No.1, said, the new name was the overwhelming favourite of Nigerians who joined in a unique social media campaign for a name change which lasted for two weeks.

Kelvin Oduntan shakes up Nigerian Special at World Class Global Competition in Berlin

Kelvin Oduntan, World Class Nigeria Winner represented Nigeria at the just concluded World Class Global Competition in Berlin, Germany. The contest attracted 56 of the finest bartenders from across the world vying for the title of Bartender of the Year.

Known for his traditional style which he expresses through his fashion and mixology, Kelvin stayed true to his roots by delivering a truly Nigerian spin to the classic cocktail, Dutch Mule. Instead of the usual ginger beer, his recipe combined ginger-infused palm wine and lime juice with the meticulous sophistication of Ketel One Vodka. His serve was very well received by the audience in Berlin who kept coming back to experience the original Nigerian Mule.

Diageo posts marginal revenue growth in full year as adverse foreign exchange hits sales

British drinks maker Diageo Plc reported its full year 2018 results on Thursday, with marginal revenue growth of 0.9% for the period ending 29 June 2018.

The company behind such brands as Johnny Walker Scotch whisky and Guinness Stout recorded £12.2bn in net sales for the year as against £12bn from the previous year. The firm noted that adverse foreign exchange headwinds impacted net sales. Total volumes declined 1%.

AB InBev withdraws funding for alcohol study as industry’s influence is questioned

The world’s largest brewer, Anheuser-Busch InBev (AB InBev) said it is withdrawing its financial support for a controversial study that will look into whether there are any health benefits to drinking alcohol in moderation.

The ten-year long clinical study which was announced last year had the financial support of the alcohol global heavyweights such as Diageo, Pernod Ricard, Heineken, Carlsberg and AB InBev.

According to the New York Times, the total amount so far raised by the drinks companies for the study is $66 million, of which AB InBev gave $15.4 million.

Diageo to launch ‘Jane Walker’ Scotch in a move to widen appeal

Johnnie Walker, the famous Scotch whisky known by its top-hatted striding-man logo will be launching a female iteration of the iconic logo in the U.S. in March, named “Jane Walker.”

According to the brand’s owner, London-based Diageo, the idea is to appeal to more women and acknowledge a broader effort towards gender equality.

“Scotch as a category is seen as particularly intimidating by women,” said Stephanie Jacoby, vice president of Johnnie Walker.

Guinness Nigeria appoints Stanley Wanyaoike Njoroge as new Finance Director

Guinness Nigeria Plc, announced on Friday the appointment of Mr. Stanley Wanyaoike Njoroge as its new Finance and Strategy Director as well as a member of its Executive Board with effect from 1st March 2018. He takes the place of Mr. Ronald Plumridge who resigned as Finance Director and a member of the Executive Board on 31st October 2017.

According to a profile statement released by the company, Mr. Njoroge is a Certified Public Accountant and a member of the Institute of Certified Accountant of Kenya (ICPAK). He is an alumnus of both the University of Nairobi and Strathmore University in Nairobi, Kenya.