Coronavirus to cut Diageo drink sales by up to £325m

Coronavirus to cut Diageo drink sales by up to £325m

The Malaysian Reserve-World·2020-02-26 17:04

LONDON – British drinks group Diageo, the maker of Guinness stout and Smirnoff vodka, on Wednesday said the coronavirus would slash annual sales by up to £325 million ($422 million, 388 million euros).

Diageo, which produces also Baileys liqueur and Johnnie Walker whisky, said sales for the group’s financial year ending June 30 would be impacted by between £225 million and £325 million owing to the spreading virus.

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