LONDON (dpa-AFX) - Diageo Plc. (DGE.L, DEO) said it continues to expect fiscal 2020 organic net sales growth to be toward the mid-point of the 4% to 6% range and organic operating profit growing roughly one percentage point ahead of organic net sales. It is consistent with the company's the medium-term target.
For the first half, the company expects organic operating profit growth to be in-line with or slightly behind organic net sales growth. However, it would not be immune from significant changes to global trade policy and continue to monitor this closely.
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