Diageo : 2022 Interim Results presentation with script
January 27, 2022 at 02:09 am EST
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Good morning everyone, and thank you for joining us.
I am pleased to announce our financial results for the first half of fiscal 22.
We are off to a great start, building on our strong momentum in fiscal 21, while continuing to execute against our strategic objectives.
I will begin with an overview of our first half performance before Lavanya reviews our financial results in more detail.
I will wrap-up with why we are confident in our ability to deliver sustainable long-term growth.
We delivered a strong performance in the first half, while navigating a very dynamic environment.
I would like to take this opportunity to thank my Diageo colleagues for their continued hard work, resilience and creativity. I am immensely proud of our culture, our values and our people.
There are five key areas I want to highlight from our first half performance:
One, we delivered strong results across all key financial metrics.
Three, we invested in marketing, innovation and capex with a long-term view.
Four, we continued to do business the right way for all our stakeholders.
And five, we continued our strong track record of creating value for shareholders.
We performed strongly across all key financial metrics in the first half of fiscal 22, while continuing to invest for the long-term.
We delivered strong top line organic growth of 20% and significantly improved our organic operating margin in a challenging operating environment.
Strong cash flow generation is enabling us to re-invest in long-term growth, including our production capacity, digital capabilities and our sustainability agenda.
And we are pleased to announce a 5% increase in our interim dividend.
This performance shows how our profitable growth model is delivering results. Our strong top line growth, gross margin expansion and productivity savings have enabled consistent re- investment in our brands and strategic growth initiatives.
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Diageo plc published this content on 27 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 January 2022 07:08:16 UTC.
Diageo plc is one of the world leaders in the production and marketing of alcoholic drinks. The group's products are marketed under the Smirnoff, Johnnie Walker, Baileys, Captain Morgan, Jose Cuervo, Tanqueray brands, etc. Net sales break down by family of products as follows:
- spirits (80.8%);
- beer (14.3%);
- ready-to-drink beverage (3.8%);
- other (1.1%).
Net sales are distributed geographically as follows: the United Kingdom (9.1%), the United States (29.7%), India (11.7%) and other (49.5%).
DIAGEO PLC 
