date:Dec 17, 2012
perating margins which were correctly geared to profit from economic expansion in Latin America.
Diageo posted a 19 percent revenue growth in the region, which almost doubled, followed by Africa (with 11 percent) and Asia (with 8 percent). This performance increases the probability of the company reaching its target of doubling its sales volumes in the region in four years.
This year Diageo made important investments in its Latin America operation. The most important move was the acquisition i