Diageo said it made a full-year net profit of $2.35 billion, down from $3.87 billion a year before, while its pretax profit fell to $3.54 billion from $5.46 billion. Excluding exceptional items, its operating profit was down 0.7% organically at $5.7 billion.

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The company proposed a final dividend for fiscal 2025 of 62.98 cents a share, flat on year.
Diageo reported net sales of $20.245 billion for the year to June, 0.1% lower than in the prior year. In organic terms, net sales grew 1.7%.
The result compares with analysts’ prospects of $20.2 billion and organic growth of 1.4%, according to consensus estimates provided by the company.

For fiscal 2026, the company anticipates organic sales growth at a similar level to fiscal 2025 given a continued challenging market. Organic operating profit growth is expected to be in mid-single-digit, helped by cost reductions.
Diageo said its guidance includes an impact from current tariffs. The company expects actions it has taken to date—including inventory changes, supply-chain shifts and reallocation of investments—will reduce the tariff hit to its annual operating profit to around half of the $200 million it previously estimated, before any changes to prices.