Directors Deals 

Diageo rebounds after profit warning

Diageo rebounds after profit warning

Diageo (DGE) chairman Javier Ferrán topped up his shareholding during a recent trough in the spirits company’s share price. Towards the end of September, the drinks group warned that foreign exchange rate volatility in emerging markets would wipe £175m off net sales and £45m off operating profit this financial year, sending the shares down by way of reaction. It was at this point that Mr Ferrán spent more than £757,000 on enlarging his shareholding.

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