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Diageo plans to double capacity of new Kildare brewery

Guinness producer Diageo is to lodge plans with Kildare County Council to double the brewery capacity of its €200m state-of-the-art carbon neutral brewery at Littleconnell, Co Kildare.

Business • 21 Aug

Diageo sees flat 2026 sales, warns of $200m tariff impact

Diageo forecast flat full-year sales today, despite a $200 million impact from tariffs, helping reassure investors after a period of demand and share price turbulence, a sudden CEO exit and trade war worries.

Business • 05 Aug

Diageo CEO step downs after tough two years

Diageo CEO Debra Crew has stepped down after just two years in the job, the world's biggest spirits maker said today, with finance chief Nik Jhangiani taking over in the interim as the company strives to boost its performance and cut debt.

Business • 16 Jul

Diageo CEO Debra Crew said that 'nothing has changed' with regards to Guinness, which the company ruled out selling earlier this year

Diageo plans $500m in cost savings by 2028

Diageo has today unveiled a plan to cut $500m in costs and make substantial asset disposals by 2028, as the maker of Johnnie Walker whisky and Guinness beer looks to turn around its performance and reduce its debts.

Business • 19 May

Executives are tryomg to keep up with changing US trade policies that threaten to upend industries from cars to consumer goods to energy

Companies start counting potential costs of US tariffs

Diageo today warned of a $200m hit to its operating profits from US tariffs on Mexican and Canadian imports and German auto supplier ZF flagged price hikes, as companies start counting the likely costs of Donald Trump's trade measures.

Business • 04 Feb

Diagoe CEO Debra Crew said tariffs in the US announced over the weekend added to 'further complexity in our ability to provide updated forward guidance'

Diageo withdraws medium-term sales forecast

Diageo has today withdrawn its medium-term organic sales growth target as the world's top spirits maker took steps to try and mitigate the impact of US tariffs on its tequila and Canadian whisky.

Business • 04 Feb

Responding to speculation, Diageo said they are not selling Guinness

Diageo says it has no intention to sell Guinness

Diageo does not intend to sell its beer brand Guinness or its stake in Moet Hennessy, LVMH's drinks unit, the world's top spirits makers has said.

Business • 27 Jan

Guinness would likely be valued at above $10 billion, according to a Bloomberg report today

Diageo eyes potential spin-off/sale of Guinness - report

Diageo, the world's top spirits maker, is exploring a potential spin-off or sale of beer brand Guinness and is reviewing its stake in LVMH's drinks unit, Moet Hennessy, Bloomberg News reported today, citing people familiar with the matter.

Business • 24 Jan

Diageo is working at 100% production capacity, but has still placed limits on Guinness orders in Britain

Diageo limits supply of Guinness in the UK

The amount of Guinness pubs in the UK can buy before Christmas has been limited by Diageo after exceptional demand in recent weeks.

Business • 06 Dec 24

Guinness has been a much-needed bright spot in earnings for the world's top spirits maker Diageo

Price hikes offer chance for Guinness rivals

Diageo needs its Guinness stout to keep growing fast and is pushing a zero alcohol alternative, but price hikes are turning off some customers and opening the door to rivals such as Heineken's Murphy's.

Business • 18 Nov 24

Diageo will invest €30 million into St James's Gate for its Guinness 0.0 production

€30m investment in Guinness brewery to meet 0.0 demand

Diageo is to invest €30 million in its St James's Gate facility to cater for the soaring demands for non-alcoholic Guinness.

Business • 25 Oct 24

Guinness maker Diageo is holding is AGM today

Diageo says business plans starting to pay off

Guinness owner Diageo said some of its strategic initiatives were starting to pay off, prompting the world's largest spirits maker to stick to its outlook in a challenging environment and sending shares up 3% in early trade.

Business • 26 Sep 24

Diageo, which owns Guinness, has reported an 4.8% decline in annual organic operating profit

Diageo shares at 4-year low, CEO warns of troubles ahead

Guinness owner Diageo has warned that challenges could persist into next year after missing full-year profit expectations, sending shares in the world's top spirits maker down more than 9% to a four-year low.

Business • 30 Jul 24

The world's top spirits maker has come under pressure following a profit warning last November in Latin America and the Caribbean

Diageo set for first post-Covid annual sales decline

Diageo is set to post its first yearly sales decline since 2020 next week, when it needs to convince investors that plans to turn around its North American and Latin American businesses are showing progress.

Business • 29 Jul 24

Colin O'Brien, Category Head, Global Beer Supply at Diageo; Jenny Melia, Executive Director of Enterprise Ireland and Minister of State for Agriculture and TD for Kildare South, Martin Heydon at the Diageo sod turning event

Sod turned on Diageo's new €200m brewery in Co Kildare

The sod has been turned on Guinness producer Diageo's new €200m state-of-the-art carbon neutral brewery in Littleconnell, Newbridge in Co Kildare.

Business • 02 Jul 24

The company plans to reduce the volume of water needed to brew Guinness by 30%

Diageo to invest €100m in decarbonising St James's Gate

€100m is to be invested by drinks manufacturer Diageo in the decarbonisation of its St James's Gate brewery in Dublin.

Business • 16 May 24

Guinness owner Diageo has appointed Nik Jhangiani as its chief financial officer

Diageo names Nik Jhangiani as next CFO

Guinner owner Diageo has today named Nik Jhangiani as its chief financial officer, with Lavanya Chandrashekar leaving after three years in the role at the world's largest spirits group.

Business • 03 May 24

Heineken is to increase what it charges for its draught beer products here

Heineken to increase the price of a pint by six cent

Brewer Heineken has told publicans that it plans to increase what it charges for its draught beer products.

Business • 18 Apr 24

The price of a pint of Guiness 0.0 is set to rise by nine cents next month

Increasing price of pint a 'hammer blow' for hospitality

The decision by Diageo to increase the price of draught beer next month has been described as a "hammer blow" for the hospitality industry ahead of the tourist season.

Business • 26 Mar 24

John Manzoni joined the Diageo board in 2020, after leading the UK Civil Service as chief executive from 2014

Diageo appoints Manzoni as new chair

Guinness owner Diageo has today named former British senior civil servant John Manzoni as its next chair, replacing Javier Ferran who will retire in February 2025.

Business • 19 Mar 24

Diageo had warned in November that sales in Latin America and the Caribbean were set to decline by over 20%

Guinness maker Diageo misses first-half sales estimates

Shares in Diageo, the world's top spirits maker, slipped over 3% today as it warned of further troubles in Latin America, adding to investor concerns a build up of unsold stock in the region would be hard to clear.

Business • 30 Jan 24

The proposed new Diageo plant in Kildare

Planning board approves new Diageo Newbridge plant plan

An Bord Pleanála has given the green light to drinks giant, Diageo, to construct its planned €200m brewery for Newbridge, Co Kildare.

Business • 12 Dec 23

Beer sales accounted for just over 14% of total sales at Diageo for the year the end of June

Diageo not planning to sell Smithwick's, Harp, Kilkenny

Diageo has no plans to divest any of its beer portfolio, despite reports to the contrary, it is understood.

Business • 06 Dec 23

Guinness is owned by drinks group Diageo

Diageo warns on profit as LatAm, Caribbean demand slows

Guinness and Johnnie Walker whisky maker Diageo said today it expected organic operating profit growth to decline in the first half of its current financial year due to "materially weaker" performance in Latin America and Caribbean.

Business • 10 Nov 23

Diageo secured planning permission for the project in March however an appeal by Athy man, John Lynch in late April has stalled the project.

Newbridge brewery in jeopardy due to planning delays

Drinks giant, Diageo has warned that further delays to its planned 'time-sensitive' carbon neutral brewery for a greenfield site outside Newbridge, Co Kildare "will jeopardise the rationale for this €200m investment in Ireland".

Business • 14 Sep 23