Diageo profits bolstered by growing Asian alcohol sales
The world's largest spirits group, Diageo has revealed its results for the half year ending in December.
Sales powered ahead in Asia and North America while some European markets were sluggish.
However, net profits rose by 15%, slightly ahead of analysts expectations.
Paul Walsh, CEO of Diageo, blamed poor sales in Europe on local economies. He told the BBC the company will invest in parts of Europe where it can see growth.
10 Feb 2011
- From the section Business