Star Turkish turn boosts Diageo spirits
date:Aug 24, 2012
Announcing its results for the half year ending June 30 2012, Diageo reported net sales up 8% to ₤10.762bn ($17.08bn) and net profit up 2% to ₤1.942bn; emerging markets supplied 75% of sales growth.

The London-headquartered firm said that acquisitions in faster-growing markets, primarily Mey İki in Turkey, contributed ₤320m in net sales and ₤82m in operating profit after transaction and integration costs.

Discussing Diageos results, Walsh said:We have increased our presence in the faste
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