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Our fiscal 25 first half results marked a return to growth, delivering organic net sales growth of 1% despite a challenging industry backdrop as consumers continue to navigate through inflationary pressures. Growth in four of our five regions was supported by market share gains.
Debra Crew
Chief Executive

2025 Interim Results

1.0 %

Organic net sales growth.

$ 1.7 bn

Free cash flow driven by strong working capital management.

65 %

Diageo grew or held total market share in 65% of total net sales value in measured markets, including in the US.

Our top highlights

1 in 3
Our Scotch brand account for more than 1 in 3 bottle of scotch sold globally
21.00 %
Tequila organic net sales were up 21% in the half, with share gains across our business
8 th
Guinness achieved its eight consecutive half of double-digit growth
"Diageo delivers resilient performance with improved market share in the second half of the fiscal year, despite volatile operating environment"
Debra Crew
Chief Executive

2024 Preliminary Results

1.8 %

Excluding the impact of LAC, organic net sales grew 1.8%, driven by growth in Africa, Asia Pacific and Europe.

Over 75 %

We grew or held total market share in over 75% of total net sales value in measured markets.

5 %

Increased recommended full year dividend by 5%, maintaining our track record of increases since Diageo's formation over 25 years ago.

Our top highlights

9 out of 10
Scotch gaining category share in 9 out of 10 largest measured scotch markets
15 x
The Don Julio portfolio is growing 15X faster than the total US spirits industry.
7 th
Guinness delivered its 7th consecutive half-yearly double-digit growth.
“Diageo delivers strong cash generation and is well positioned for future growth, despite a challenging first half environment.”
Debra Crew
CEO

2024 Interim Results

2.5 %

Excluding LAC, organic net sales grew 2.5%, driven by good growth in Europe, Asia Pacific and Africa.

$ 1.5 bn

Generated strong free cash flow of $1.5 billion, up $0.5 billion.

5 %

Increased dividend by 5%, maintaining our track record of increases since Diageo’s formation over 25 years ago.

Our top highlights

7
We currently have 7 out of the top 10 core spirits innovations in Nielsen
7 X
The Don Julio portfolio is growing 7X faster than the total US spirits industry
6 th
Guinness delivered its 6th consecutive half-yearly double-digit growth