a9453b
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
SECURITIES EXCHANGE ACT OF 1934
06 October 2022
Commission File Number: 001-10691
DIAGEO plc
(Translation
of registrant’s name into English)
16 Great Marlborough Street, London, United Kingdom, W1F 7HS
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
Form
20-F X
Form
40-F
Indicate
by check mark whether the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule
101(b)(1):
Indicate
by check mark whether the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule
101(b)(7):
Diageo issues trading commentary ahead of AGM 2022
Ivan Menezes, Chief Executive, commented:
"We have made a good start to fiscal 23, with organic net sales
growth across all regions, reflecting our advantaged portfolio, our
continued investment in brand building and our agile supply chain
and culture. I would like to thank my colleagues for their
continued creativity and drive.
We expect the operating environment to remain challenging with
ongoing volatility due to geopolitical uncertainty, a weakening of
consumer spending power, inflationary pressures and disruption
related to Covid-19. However, I am confident in the resilience of
our business and our ability to navigate these headwinds
while executing our strategic
priorities, including our ambitious 2030 sustainability
plan.
We remain well-positioned to deliver our medium-term guidance for
fiscal 23 to fiscal 25 of organic net sales growth consistently in
the range of 5% to 7% and organic operating profit growth
sustainably in the range of 6% to 9%."
For further information please contact:
Investor relations:
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Durga
Doraisamy
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+44 (0)
7902 126 906
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Lucinda
Baker
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+44 (0)
7974 375 550
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Andy
Ryan
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+44 (0)
7803 854 842
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investor.relations@diageo.com
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Media relations:
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Dominic
Redfearn
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+44 (0)
7971 977 759
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Gina
Bell
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+44 (0)
7731 988 857
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press@diageo.com
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About Diageo
Diageo is a global leader in beverage alcohol with an outstanding
collection of brands including Johnnie Walker, Crown Royal, JeB and
Buchanan's whiskies, Smirnoff, Cîroc and Ketel One vodkas,
Captain Morgan, Baileys, Don Julio, Tanqueray and
Guinness.
Diageo is a global company whose products are sold in more than 180
countries around the world. The company is listed on both the
London Stock Exchange (DGE) and the New York Stock Exchange (DEO).
For more information about Diageo, our people, our brands, and
performance, visit us at www.diageo.com.
Visit Diageo's global responsible drinking
resource, www.DRINKiQ.com,
for information, initiatives and ways to share best
practice.
Celebrating life, every day, everywhere.
Cautionary statement concerning forward-looking
statements
This document contains 'forward-looking' statements. These
statements can be identified by the fact that they do not relate
only to historical or current facts. In particular,
forward-looking statements include all statements that express
forecasts, expectations, plans, outlook, objectives and projections
with respect to future matters, including trends in results of
operations, margins, growth rates, overall market trends, the
impact of changes in interest or exchange rates, the availability
or cost of financing to Diageo, anticipated cost savings or
synergies, expected investments, the completion of any strategic
transactions or restructuring programmes, anticipated tax rates,
changes in the international tax environment, expected cash
payments, outcomes of litigation or regulatory enquiries,
anticipated changes in the value of assets and liabilities related
to pension schemes and general economic conditions. By their
nature, forward-looking statements involve risk and uncertainty
because they relate to events and depend on circumstances that will
occur in the future. There are a number of factors that could
cause actual results and developments to differ materially from
those expressed or implied by these forward-looking statements,
including factors that are outside Diageo's control. Any
forward-looking statements made by or on behalf of Diageo speak
only as of the date they are made. Diageo does not undertake
to update forward-looking statements to reflect any changes in
Diageo's expectations with regard thereto or any changes in events,
conditions or circumstances on which any such statement is
based.
An explanation of non-GAAP measures, including organic movements,
is set out on page 76 of Diageo's Annual Report for the year ended
30 June 2022.
Diageo plc LEI: 213800ZVIELEA55JMJ32
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
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Diageo plc
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(Registrant)
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Date:
06 October 2022
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By:___/s/
James Edmunds
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James Edmunds
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Deputy Company Secretary
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