STATEMENT9 Mar 2007
Paul Walsh, Chief Executive of Diageo, commenting on the interim results said: ‘Diageo has made a strong start to the year. Excellent performances in North America and International and unchanged profits in Europe delivered double digit underlying earnings growth. Our spirits brands, especially Scotch where net
sales grew 11%, did particularly well, benefiting from increased investment in marketing. As a result of this strong start we are increasing our guidance for organic operating profit growth to 8% for the full year.We still expect to return a total of £1.4 billion to shareholders through share buybacks this year and to continue our progressive dividend policy.'