Diageo’s Irish brands raise some cheer but Guinness flat globally

Net sales of Guinness declined 3% in Ireland over the past year, due to hot weather, significant rises in excise duties and the continuing shrinkage of the overall beer market here.

Diageo’s Irish brands raise some cheer but Guinness flat globally

On a global basis, net sales of the Dublin-brewed stout fell by 1%, but a strong performance was seen in eastern Africa, where price rises drove net sales growth of 19%.

While growth was also evident in Indonesia, Guinness sales declined in Nigeria, its biggest single market, due to challenging market conditions — although a pick-up was noted in the second-half of the year.

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