World's biggest spirits maker benefits from weak pound
January 26, 2017
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3:16Now PlayingWorld's biggest spirits maker benefits from weak pound
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as posted by the channelWith Smirnoff, Johnnie Walker and Guinness in its drinks cabinet, Diageo is one of the world's biggest drinks companies. And it looks set to get even bigger. Today's half year results show the weaker pound helped push its operating profits up by £460m - or 28%.
But as chief executive Ivan Menezes told Ian King Live, the gains weren't only thanks to currency fluctuations.
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