Diageo

Heineken To Follow Diageo In Raising Pint Prices

Heineken has announced that it will increase the price of its draught pints by around 6 cent, Drinks Industry Ireland reported.

Diageo has reported a return to growth in its first half fiscal results for 2025, Drinks Industry Ireland reported this week.

French drinks company Pernod Ricard cut its 2025 and longer-term outlook on Thursday, citing challenging market conditions in China.

The price of a pint of Guinness rose by 6 cent on Bank holiday Monday, excluding VAT, the Journal reported this week.

Diageo withdrew its medium-term organic sales growth target on Tuesday as it took steps to try and mitigate the impact of US tariffs.

Spirits giant Diageo has agreed to sell its 80.4% shareholding in Guinness Ghana to Castel Group for $81 million, it said on Tuesday.

Diageo does not intend to sell its beer brand Guinness or its stake in Moet Hennessey, the spirits maker said on Sunday.

Diageo is exploring a potential spin-off or sale of Guinness, Bloomberg reported on Friday, citing people familiar with the matter.

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