Diageo Plc · LSE:DGE
Diageo — H1 2012 Earnings Presentation
14 slides from Diageo's earnings presentation, Feb 9, 2012
Slide 1: Half Year Results
HALF YEAR RESULTS 9 February 2012
Slide 2: Paul Walsh, CEO
PAUL WALSH DIAGEO CEO al BUSHMILLS
Slide 3: A good start to the year
A good start to the year Top line growth accelerated 7% organic net sales growth with strong price/mix Strong growth in emerging markets which now represent almost 40% of the business 10% increase in marketing investment 9% organic operating profit growth Double digit eps* growth Inter
Slide 4: Volume growth and positive price/mix drove 7% organic net sales growth
Volume growth and positive price/mix drove 7% organic net sales growth Net sales, £m 115 5,757 195 (42) 169 5,320 Reported 2010 Volume Price/mix Scope change* FX Reported 2011 6 months ended 31 December . *Scope change comprises acquisitions and disposals.
Slide 5: A strong business growing stronger
A strong business growing stronger Enhanced our presence in emerging markets Drove efficient growth in North America Built a consumer and customer focused organisation in Western Europe Invested to drive growth
Slide 6: Enhancing our presence in the wealth creating markets
Enhancing our presence in the wealth creating markets Increased investment ̶ Marketing up 20% ̶ Investment in in- market organisations up 15% z Innovations to capture the expanding middle class consumer base Acquisitions to extend our brand reach into premium local spirits and beer 6 months en
Slide 7: Improving performance in developed markets
Improving performance in developed markets Efficient growth in North America ̶ Growth driven by price and mix ̶ Overheads reduced as a percent of net sales ̶ Enhanced our distributor relationships Consumer & customer focused organisation in Western Europe ̶ Growth of super premium brands acceler
Slide 8: 10% increase in marketing focused on biggest growth opportunities
10% increase in marketing focused on biggest growth opportunities 70% of incremental spend was in EMs Increased spend in developed markets Maximising marketing impact Renewed customer focus
Slide 9: Guinness 'The Ticket' / Johnnie Walker 'Rock Giant'
Guinness „The Ticket‟ Johnnie Walker „Rock Giant‟
Slide 10: Industry leading innovation supports growth
Industry leading innovation supports growth Premiumising our brands Emerging middle class consumers The female opportunity Unlocking growth in developed markets
Slide 11: Accelerating value creation
Accelerating value creation Strong Faster organic net sales growth platform + Aim: 6% CAGR in the medium term Expansion Maximising in faster Organic operating cash and growing margin improvement returns markets Aim: The first 200bpts by year ending + 2014 Sharper EPS growth focus Aim: Double digit g
Slide 12: Cîroc 'Luck be a Lady'
Cîroc „Luck be a Lady‟
Slide 13: Questions
DIAGEO ions Quest
Slide 14: Cautionary statement concerning forward-looking statements
Cautionary statement concerning forward-looking statements This presentation contains „forward-looking‟ statements. These forward-looking statements can be identified by the fact that they do not relate only to historical or current facts. In particular, forward-looking statements include all statem