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Diageo boss launches £743m cost-cutting plan to deliver turnaround

It came as the drinks giant, which also makes Gordon’s gin and Baileys, revealed weaker sales and profits for the past year.

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independent.co.ukStai leggendo1 g fa

Diageo boss launches £743m cost-cutting plan to deliver turnaround

It came as the drinks giant, which also makes Gordon’s gin and Baileys, revealed weaker sales and profits for the past year.

originale

Timeline cronologica

martedì 4 agosto 2026·cityam.com
Will Drastic Dave live up to his name at Diageo?
Diageo boss 'Drastic' Dave Lewis is expected to make his mark with a raft of job cuts at the Guinness and Smirnoff owner this week.
mercoledì 5 agosto 2026·cnbc.com
CNBC UK Exchange: Diageo’s turnaround test
The world's biggest spirits company has since seen its share price more than halve as its fortunes have waned.

euronews.com

7 h fa

Drinks giant Diageo unveils $1bn in cost cuts to tackle slowing growth

Diageo announced $1bn restructuring with growth cut to low-single digits through 2029 from prior 5-7%, addressing years of stagnant sales. Consumer-goods sector contraction implies tighter enterprise IT spending, infrastructure consolidation, and demand-destruction for premium SaaS, signaling budget pressure ahead.

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cityam.com1 g fa

‘Hard work ahead’: Diageo shares soar as Drastic Dave’s cost savings lift investor spirits

Diageo said it saw sales growth of 5.7 per cent and 16.9 per cent in Europe and Latin America, offset by weak demand in North America

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it.euronews.com7 h fa

Diageo, colosso delle bevande, annuncia tagli ai costi da 1 mld $ per crescita lenta

Diageo taglia 1 mld $ revisando crescita 2029 a pochi punti % (vs. 5-7%); trend analogo tra Heineken, Pernod Ricard. La contrazione post-pandemia spingerà consolidamento: per manager tech, budget ridotti e pressione su headcount nei prossimi tre anni.

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irishtimes.com20 h fa

Up to 150 jobs at Diageo’s Irish operation at risk as part of $1bn cost-cutting plan

New Diageo chief unveils plans to restore growth along with suite of cost cuts

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lavanguardia.com1 g fa

Diageo anuncia un plan de recortes de 866 millones para impulsar su crecimiento

El beneficio de la multinacional británica ha caído un 26% en su último año fiscal

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giovedì 6 agosto 2026·

cnbc.com

World's biggest spirits maker pops 6% on $1 billion cost-cutting plan

Diageo, whose brands include Johnnie Walker scotch whisky, Captain Morgan rum and Guinness stout, said costs relating to the savings program will amount to $1.2 billion.

giovedì 6 agosto 2026·

cityam.com

‘Hard work ahead’: Diageo shares soar as Drastic Dave’s cost savings lift investor spirits

Diageo said it saw sales growth of 5.7 per cent and 16.9 per cent in Europe and Latin America, offset by weak demand in North America

giovedì 6 agosto 2026·

independent.co.uk

Diageo boss launches £743m cost-cutting plan to deliver turnaround

It came as the drinks giant, which also makes Gordon’s gin and Baileys, revealed weaker sales and profits for the past year.

giovedì 6 agosto 2026·

ft.com

Diageo boss Dave Lewis stakes revival on canned cocktails and Guinness

New chief unveils plans to restore growth along with suite of cost cuts

giovedì 6 agosto 2026·

lavanguardia.com

Diageo anuncia un plan de recortes de 866 millones para impulsar su crecimiento

El beneficio de la multinacional británica ha caído un 26% en su último año fiscal

giovedì 6 agosto 2026·

irishtimes.com

Up to 150 jobs at Diageo’s Irish operation at risk as part of $1bn cost-cutting plan

New Diageo chief unveils plans to restore growth along with suite of cost cuts

venerdì 7 agosto 2026·

euronews.com

Drinks giant Diageo unveils $1bn in cost cuts to tackle slowing growth

The world's largest spirits maker has scrapped its medium-term growth target as new CEO Dave Lewis moves to reset performance after years of stagnant sales.

venerdì 7 agosto 2026·

it.euronews.com

Diageo, colosso delle bevande, annuncia tagli ai costi da 1 mld $ per crescita lenta

Il maggiore produttore mondiale di alcolici ha cancellato il suo obiettivo di crescita di medio termine, mentre il nuovo CEO Dave Lewis punta a rilanciare le performance dopo anni…

Diageo boss launches £743m cost-cutting plan to deliver turnaround

Timeline cronologica

Will Drastic Dave live up to his name at Diageo?

CNBC UK Exchange: Diageo’s turnaround test

Drinks giant Diageo unveils $1bn in cost cuts to tackle slowing growth

‘Hard work ahead’: Diageo shares soar as Drastic Dave’s cost savings lift investor spirits

Diageo, colosso delle bevande, annuncia tagli ai costi da 1 mld $ per crescita lenta

Up to 150 jobs at Diageo’s Irish operation at risk as part of $1bn cost-cutting plan

Diageo anuncia un plan de recortes de 866 millones para impulsar su crecimiento

World's biggest spirits maker pops 6% on $1 billion cost-cutting plan

‘Hard work ahead’: Diageo shares soar as Drastic Dave’s cost savings lift investor spirits

Diageo boss launches £743m cost-cutting plan to deliver turnaround

Diageo boss Dave Lewis stakes revival on canned cocktails and Guinness

Diageo anuncia un plan de recortes de 866 millones para impulsar su crecimiento

Up to 150 jobs at Diageo’s Irish operation at risk as part of $1bn cost-cutting plan

Drinks giant Diageo unveils $1bn in cost cuts to tackle slowing growth

Diageo, colosso delle bevande, annuncia tagli ai costi da 1 mld $ per crescita lenta