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Diageo (DGE)

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idpickering
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Diageo (DGE)

#239073

Postby idpickering » July 25th, 2019, 7:21 am


idpickering
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Re: Diageo (DGE)

#240959

Postby idpickering » August 1st, 2019, 7:38 am

Diageo plc return of capital programme https://www.investegate.co.uk/diageo-pl ... 00244705H/

idpickering
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Re: Diageo (DGE)

#252793

Postby idpickering » September 20th, 2019, 6:24 am

This announced yesterday;

Diageo issues trading commentary ahead of AGM 2019

Ivan Menezes, Chief Executive, commented:

"Fiscal 20 has started well as we continue to build on the momentum and consistent progress we are making in the execution of our strategy. Our focus remains on delivering quality sustainable growth. This is supported by a culture of everyday efficiency that enables us to invest smartly in marketing and growth initiatives while expanding margins.


https://www.investegate.co.uk/diageo-pl ... 00158792M/

Chat over on HYP Practical please.

Ian.

idpickering
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Re: Diageo (DGE)

#268682

Postby idpickering » December 3rd, 2019, 7:07 am

Change in method for calculating organic non-GAAP measures

Diageo announced, at its Capital Markets Day on 22 May 2019, that it would change its method of calculating organic growth for periods beginning with the six months ending 31 December 2019. Organic growth is a non-GAAP financial measure. See 'Explanatory Notes' below for an explanation and reconciliation of non-GAAP measures.

Going forward, Diageo will calculate the exchange adjustment included in the organic movement calculation by translating the current period results at the prior period weighted average exchange rates. Previously, Diageo had calculated the exchange adjustment included in the organic calculation by translating the prior period results at the current period exchange rates.

This change in methodology will significantly simplify Diageo's internal reporting processes by more closely aligning its calculation of organic movements with its internal management reporting. Diageo also believes this methodology will allow investors to better compare Diageo's organic movements with its peer group listed on page 92 of the Annual Report 2019.


https://www.investegate.co.uk/diageo-pl ... 00064074V/


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