Brief: Diageo CEO Declines To Disclose Number Of Jobs Affected By Restructuring - Media Call
06/08/2026 16:19
BRIEF-Diageo CEO Declines To Disclose Number Of Jobs Affected By Restructuring - Media Call Aug 6 (Reuters) - Diageo DGE.L CEO Dave Lewis:
WE ARE NOT THINKING ABOUT M&A - CAPITAL MARKETS DAY MEDIA CALL
OUR TURNAROUND DOES NOT INCLUDE M&A
DIAGEO CEO DECLINES TO DISCLOSE NUMBER OF JOBS AFFECTED BY RESTRUCTURING
MEDIUM-TERM GUIDANCE IS DRIVEN BY WEAK NORTH AMERICA
EXPECT NORTH AMERICA MARKET TO STAY NEGATIVE NEXT YEAR, TAKE 2 YRS TO RETURN TO FLAT, AND THEN GROW
WE INVESTED IN SUPPLY CHAIN CAPACITY FOR GROWTH THAT DID NOT MATERIALISE, SO WE ARE RIGHT-SIZING
WE HAVE NOT DONE A GOOD JOB WITH BIG BRANDS LIKE CAPTAIN MORGAN IN NORTH AMERICA
QUALITY OF OUR SCOTCH WHISKEY RTDS HAS BEEN DISAPPOINTING
BIG CHANGES ARE IN OUR GLOBAL, CENTRALISED BUSINESS SERVICES
Further company coverage: DGE.L