Diageo unveils $1.2bn restructuring plan as sales decline hits North America and Asia Pacific

Africa saw growth of 13.3% which Diageo said was due to market changes and innovation, while LAC sales were up by 7.7% fuelled by the growth of spirits and RTDs. It said that while it saw growth in Europe, Latin American & Caribbean (LAC) and Africa this was offset by weakness in North America and Asia Pacific.

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