Diageo’s £3.1bn profits boosted by emerging markets
date:Aug 24, 2012
The globes biggest spirit manufacturer, Diageo makes Johnnie Walker, J B and Bells whisky brands. It also produces a wide range of other spirits and operates 28 malt distilleries and employs more than 4,000 people in Scotland alone.

Sales climbed by 10% to reach 14.6bn. Net sales in emerging markets which accounted for nearly 40% of Diageo's business grew by 15% and operating profit by 23%.

Investec analyst Martin Deboo concluded Diageo haddelivered on its promises.

He said:The 8% increase
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