Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. United Kingdom
  4. London Stock Exchange
  5. Diageo plc
  6. News
  7. Summary
    DGE   GB0002374006

DIAGEO PLC

(DGE)
  Report
Delayed London Stock Exchange  -  11:35 2022-09-30 am EDT
3797.50 GBX   +0.41%
09/29Diageo Buys Cold Brew Coffee Liqueur Producer Mr Black
MT
09/29Diageo : Acquires Premium Cold Brew Coffee Liqueur, Mr Black
PU
09/29Kenya Breweries Limited MD John Musunga Appointed Guinness Nigeria CEO
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Annual report case study - Preserving water for life: how a new drip irrigation system in Turkey is conserving water and improving livelihoods

08/04/2022 | 07:58am EDT

This year we launched our first water replenishment project in the Alaşehir region of Turkey, at a 60-hectare site we identified as water-stressed in 2021 - a region where some of the grapes used to make Yenì Raki are grown. A changing climate, combined with the use of traditional flood-based irrigation systems for growing grapes, was causing the soil and wells to dry out.

We partnered with technical specialists, local municipalities and a local irrigation cooperative to meet people in the community, whose main source of income is viticulture, and understand their challenges. This led to the installation of a new, more efficient drip irrigation system - improving infrastructure and conserving water. We expect this system to use around 50% less water than the previous flood-based system. And the technique has already enabled us to save over 15,100 cubic metres of water during fiscal 2022.

As well as replenishing water, the project is improving livelihoods in the local community, helping to develop our regenerative agriculture work and further strengthening our relationships with local farmers, municipalities and partners. We plan to take our learnings and expand the programme to more regions in Turkey, as we continue to progress with our goal to replenish more water than we use for our operations by 2026.

Disclaimer

Diageo plc published this content on 04 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 August 2022 11:57:10 UTC.


© Publicnow 2022
All news about DIAGEO PLC
09/29Diageo Buys Cold Brew Coffee Liqueur Producer Mr Black
MT
09/29Diageo : Acquires Premium Cold Brew Coffee Liqueur, Mr Black
PU
09/29Kenya Breweries Limited MD John Musunga Appointed Guinness Nigeria CEO
AQ
09/29Diageo plc acquired Mr Black Spirits Pty Ltd.
CI
09/27Diageo Cancels Sale of Windsor Whisky Business
MT
09/23Aviation American Gin's New Distillery Opens its Doors in Portland, Oregon
BU
09/23Burberry CFO to step down in second major shakeup in a year
RE
09/21Diageo North America Named to the Top 10 Best Companies for 2022
BU
09/21London stocks slip with focus on Fed decision
RE
09/20DIAGEO PLC : Security operations
CO
More news
Analyst Recommendations on DIAGEO PLC
More recommendations
Financials
Sales 2023 17 081 M 19 034 M 19 034 M
Net income 2023 3 854 M 4 294 M 4 294 M
Net Debt 2023 14 522 M 16 181 M 16 181 M
P/E ratio 2023 22,6x
Yield 2023 2,18%
Capitalization 86 457 M 96 338 M 96 338 M
EV / Sales 2023 5,91x
EV / Sales 2024 5,58x
Nbr of Employees 28 558
Free-Float 91,1%
Chart DIAGEO PLC
Duration : Period :
Diageo plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends DIAGEO PLC
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 24
Last Close Price 3 797,50 GBX
Average target price 4 273,32 GBX
Spread / Average Target 12,5%
EPS Revisions
Managers and Directors
Ivan M. Menezes Chief Executive Officer & Executive Director
Lavanya Chandrashekar Chief Financial Officer & Executive Director
Javier Ferrán Larraz Chairman
Alan James Harris Stewart Independent Non-Executive Director
Nicola S. Mendelsohn Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
DIAGEO PLC-5.91%96 338
PERNOD RICARD-10.71%47 586
BROWN-FORMAN CORPORATION-8.63%32 063
THAI BEVERAGE-9.09%10 504
RÉMY COINTREAU-20.14%8 554
EMPERADOR INC.-7.50%5 157