Tag Archives: Diageo

Guinness Nigeria N40bn Rights Issue oversubscribed

Guinness Nigeria Plc, said on Wednesday that its share sale to existing shareholders to raise N39.7bn ($126m) was oversubscribed by 116%.

The Nigerian subsidiary of drinks maker Diageo Plc said it sold five shares from the company for every 11 held by shareholders, at N58 naira per share.

Productivity cost-savings, favourable currency tailwinds boost Diageo’s full-year results

London-based Diageo Plc, said on Thursday that it recorded £12.05bn ($15.83bn) in net sales for the full-year ended June 30, up 14.87% from the previous year’s £10.49bn.

“We have delivered consistent strong performance improvement across all regions and I am pleased with progress in our focus areas,” said Ivan Menezes, group CEO.

The maker of Johnnie Walker whisky and Smirnoff vodka attributes its good fortune to productivity gains, favourable currency tailwinds and broad-based revenue growth across its major markets.

East African Breweries to build new brewery in Kenya

East African Breweries Limited (EABL), Kenya’s largest brewer and a subsidiary of Diageo Plc, announced on June 28, 2017 an ambitious plan to build a new state-of-the-art brewery in Kenya.

The plan which was announced by Kenyan’s President, Uhuru Kenyatta at a State House function was joined by Diageo’s chief executive officer, Ivan Menezes and Diageo’s Africa President, John O’Keeffe, among other government dignitaries.

Guinness Nigeria appoints Viola Graham-Douglas as new Corporate Relations Director

Guinness Nigeria Plc announced on Thursday the appointment of Viola Graham-Douglas as its new Corporate Relations Director. She takes over from Sesan Sobowale who left the company in March/April. Her appointment became effective on 1st June 2017.

According to information provided by the company, Mrs. Graham-Douglas began her career in the banking industry in Nigeria and worked in varied roles with reputable banks. She later joined Lafarge Africa Plc, formerly WAPCO Cement, as Treasury Manager, and subsequently became the company’s Secretary/Head of Corporate Services before moving to Lafarge Group Headquarters in Paris. She also served as Managing Director, Atlas Cement, a subsidiary of Lafarge, as well as Country Communications Director before accepting her new role as Guinness Nigeria’s Corporate Relations Director.

Diageo pledges commitment to sustainable packaging as it marks World Environment Day

Drinks maker Diageo Plc, celebrated World Environment Day on Monday with a renewed commitment to sustainable packaging.

The maker of Johnnie Walker pledged to increase its use of recyclable plastic packaging in place of glass bottles in a bid to meet its 2020 sustainability and responsibility targets.

In a supplemental plastic guideline released by the drinks maker titled Sustainable Packaging Commitments: Supplementary Guideline on Plastics, the firm vowed to increase its use of alternative materials and formats as part of its innovation agenda.

Diageo’s – Capital Markets Day 2017 Wrap-up

Diageo held its Capital Markets Day (CMD) on 9th May 2017. The company’s Africa President, John O’Keeffe spoke with analysts on various issues covering the group’s business operations in Africa and Nigeria.

Beverage Industry News (NG) recaps some of the highlights of the day and the spirit firm’s strategy for Africa in 2017 and beyond.

Sesan Sobowale, long-serving Director at Guinness Nigeria resigns post

Sesan Sobowale, long-serving director at Guinness Nigeria Plc and its Corporate Relations Director is said to have left the company.

The former face of Guinness Nigeria, who left the company two weeks ago, is said to have mutually agreed to part ways with the brewing company. There has been no word from the beverage giant on his replacement.

Sobowale spent 12 years at Guinness Nigeria, having joined the company in April 2005 as its Corporate Secretary.

Diageo’s Africa President John O’Keeffe sheds light on the group’s activities in Africa and outlook

Diageo Plc, the world’s largest spirits maker with big footprints in Africa in both beer and spirits segment said recently it has a strong positive outlook for its business on the continent. The group’s Africa president John O’Keeffe last week spoke with analysts on a wide range of issues pertaining to the group’s activities and strategy on the continent.

Guinness Nigeria donates Optical Equipment to Lagos Eye Hospital

Guinness Nigeria Plc, has donated a pair of slit lamps to the management of the Lagos University Teaching Hospital (LUTH), as part of its effort to boost healthcare in the country.

Slit lamps are the most frequently used and most universally applicable examination instrument in ophthalmology. Its field of application include the examination of the anterior segment of the eye including the crystalline lens and the anterior vitreous body, observation of the posterior segments and the iridocorneal angle that are not visible in the direct optical path, as well as measuring intraocular pressure.

Guinness Nigeria releases 2016 Sustainability Report; Outlines future goals

Guinness Nigeria Plc, on Wednesday released its 2016 Sustainability Report, which provides information on the company’s performance on various aspects of its operations and sets out its sustainability goals for the future.