Diageo and Danone latest global giants to warn of coronavirus hit

Diageo said disruption across Asia could cost it up to €388m.

The huge threat facing global sales and supply chains of the world’s largest companies from the coronavirus outbreak took centre stage as Diageo — owner of Guinness, Baileys, Smirnoff, and a host of other spirits — and Danone, which also operates facilities in Ireland, said their sales and profits could take a large hit.