DGEAF - Diageo: An Overlooked Giant That Looks Attractive
2024-01-23 11:46:04 ET
Summary
- Diageo aims to increase its value share of the global alcoholic drinks market from 4% to 6% by 2030.
- The company targets 5-7% net sales growth in an industry growing over 9% per year.
- Weakness in Latin America has been a key issue for Diageo, impacting overall earnings and investor confidence.
If you have any interest in drinking alcohol, chances are that you have had more than your fair share of spirits, beer or liquor that is produced or distributed by Diageo. It is always fascinating to research a company that has a ubiquitous presence across the globe.
Diageo: An Overlooked Giant That Looks Attractive