Gin boom boosts Gordon's owner Diageo

?Spirits giant Diageo has posted a rise in profits for the year as the gin boom continued to drive sales growth in the UK.
Diageo has a wide range of drinks brandsDiageo has a wide range of drinks brands
Diageo has a wide range of drinks brands

​The Gordon's ​​Gin owner s​aid​ operating profits ​rose 9​ per cent​ to £4​bn ​in​ the year to June 30.

The company said rising profits were driven by organic growth of its key brands following significant investment.

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Ivan Menezes, chief executive of Diageo, said: "Diageo has delivered another year of strong performance.

"Organic volume and net sales growth was broad-based across regions and categories, with new product innovation being a strong contributor.

"These results reflect the steady progress we are making and, as we look ahead, we see attractive opportunities to deliver consistent growth and create shareholder value."

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