Guinness owner Diageo's Irish sales decimated by pub and hotel closures

Global sales of Guinness fell by 18% in the second half of 2020, mainly due to Covid-driven pub closures in Ireland and the UK.
Guinness and Baileys owner Diageo saw its net sales in Ireland fall by nearly 40% in the six months to the end of December due to Covi-19 restrictions decimating on-trade.
The six-month period comprises the first half of Diageo’s financial year. Diageo said organic net sales in Ireland fell by 37% in the first half, with sales down by 40% on a reported basis.