Diageo Plc · LSE:DGE
Diageo — Q3 2025 Earnings Presentation
10 slides from Diageo's earnings presentation, May 19, 2025
Slide 1: Q3 trading update Fiscal 25
DIAGEO Q3 trading update Fiscal 25 Debra Crew, CEO & Nik Jhangiani, CFO 19 May 2025
Slide 2: Cautionary statements concerning forward-looking statements and non-GAAP financial measures
Cautionary statements concerning forward-looking statements and non-GAAP financial measures and non-GAAP financial measures The following presentation contains ‘forwardlooking’ statements. These statements can be identified by the fact that they do not relate only to historical or current facts and
Slide 3: Strong Q3 organic net sales growth partially offset by unfavourable exchange and disposals
FOCUSED ON DELIVERING SUSTAINABLE LONG-TERM GROWTH Strong Q3 organic net sales growth partially offset by unfavourable exchange and disposals F25 Q3 net sales growth ($m) Reported +2.9% 248 4,376 4,253 (91) (64) F24 Q3 Exchange Acquisition Hyperinflation & Organic F25 Q3 & Disposal Reclassification
Slide 4: Regional organic net sales detail
FOCUSED ON DELIVERING SUSTAINABLE LONG-TERM GROWTH Regional organic net sales detail NAM: impacted by phasing, pull-forward of imports Q3 F25 organic net sales growth ahead of tariffs & favourable comparatives by region Europe: broadly flat organic sales growth, Europe * 0.4% strong Guinness but spi
Slide 5: Update on implications of recent tariff developments
FOCUSED ON DELIVERING SUSTAINABLE LONG-TERM GROWTH Update on implications of recent tariff developments Proactively managing and scenario 6.75% planning to mitigate through; EES impacted * Inventory management by US * Supply chain optimisation tariffs * Cost management * Re-allocation of investments
Slide 6: Outlook
FOCUSED ON DELIVERING SUSTAINABLE LONG-TERM GROWTH Outlook F25: Organic net sales growth: reiterate H2 sequential improvement on H1 fiscal 25 Organic operating profit: reiterate H2 slight decline, broadly in line with decline in H1 Tax: to be in the region of 25% on new reporting basis (excluding sh
Slide 7: Accelerate: launch of first phase
FOCUSED ON DELIVERING SUSTAINABLE LONG-TERM GROWTH Accelerate: launch of first phase To deliver sustainable consistent performance Operating model Consistent Cost savings cash delivery More agile global operating model to c.$500m cost savings c.$3bn free optimise investment and) er oaramme, over 3 y
Slide 8: Celebrating life, every day, everywhere
DIAGEO Celebrating life, every day, everywhere
Slide 9: Historic growth across regions — organic
FOCUSED ON DELIVERING SUSTAINABLE LONG-TERM GROWTH Historic growth across regions — organic F24 F25 al a2 HI a3 9M a4 FY al a2 HI a3 9M North America (11.0) 8.2 (1.5) (4.7) (2.5) (2.6) (2.5) 18 (1.1) 0.2 6.2 2.0 Europe 0.1 5.9 3.4 (3.5) 14 69 2.9 1.0 07 08 (0.4) 04 Asia Pacific 63 5.6 59 15 47 3.4 4
Slide 10: Financial/legal appendix: Definitions and reconciliation of non-GAAP measures to GAAP measures
Financial/legal appendix: Definitions and reconciliation of non-GAAP measures to GAAP measures Diageo's strategic planning process is based on certain non-GAAP measures, including organic movements. These non-GAAP measures are chosen for planning and reporting, and some of them are used for incentiv