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Diageo Cuts Dividend Amid Sales Decline

Diageo's new boss, Sir Dave Lewis, has announced a dividend cut to improve the Guinness maker's financial flexibility following a slide in sales.

25 Feb, 08:10 — 25 Feb, 08:10
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Sources

Showing 1 of 2 sources
The IndependentMostly Factual165d ago

Diageo cuts outlook and slashes dividend as new boss takes the reins

Former Tesco chief executive Sir Dave Lewis, who took the helm in January, said there was ‘significant work ahead’ in turning Diageo around.

By Holly Williams

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Coverage Timeline

First report: FT · 25 Feb, 07:20Full coverage: 2 · 49mWindow: 49m
Left-leaningCenterRight-leaning
FT25 Feb, 07:20First to report

New Diageo boss cuts dividend as Guinness maker’s sales slide

The Independent25 Feb, 08:10Latest update

Diageo cuts outlook and slashes dividend as new boss takes the reins

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