Diageo continues to make further sales gains in US

DIAGEO shareholders were told at the group’s annual general meeting in London yesterday that the outlook for sales in the US, the company’s most important market, were steadily improving.

Chief executive Paul Walsh told the agm: “Looking to the future, while the outlook for a sustained recovery of world economies is still unclear Diageo has demonstrated its ability to generate growth even in challenging times.

“In addition, signs of improvement are evident in some markets, particularly in the United States, which is now our most important market".