LONDON—Diageo PLC reported weaker profit for the year amid currency volatility but the world’s largest spirits maker’s key U.S. business delivered strong second-half revenue and executives signaled they expect the growth to continue. The maker of Johnnie Walker whiskey and Smirnoff vodka reported a net profit of £2.24 billion ($2.94 billion) for the year ended June 30, down from £2.38 a year earlier. Operating profit, excluding...
Source: Wall Street Journal July 28, 2016 06:28 UTC