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Thursday, 26 January 2017

World's biggest spirits maker benefits from weak pound: Sky News

Published on 26 Jan 2017
With 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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