Diageo warns of £200m hit from coronavirus outbreak

Diageo warns of £200m hit from coronavirus outbreak

Drinks behemoth Diageo is braced for a £200m profit hit after the coronavirus outbreak forced thousands of bars and restaurants across China to close.  The world’s biggest spirits maker – which owns brands including Guinness, Johnnie Walker and Baileys – said full-year sales will be between £225m to £325m lower due to disruption caused by the lockdown in China, one […]