These full-year results for Diageo (DGE) should give shareholders reason to celebrate. The spirits giant said sales rose across all regions, culminating in 4.3 per cent net sales growth at the group level. Management is so confident of continued success that it also upped the FY2019 cost-savings goal by £200m to £700m, with two-thirds of that planned to be re-invested back into the business. A share buyback programme aimed at returning £1.5bn to shareholders during FY2018 was also announced.
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