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Diageo outlines plans for $1bn cost savings, shares fizz higher

By Michele Maatouk

Date: Thursday 06 Aug 2026

(Sharecast News) - Diageo shares fizzed higher on Thursday as the drinks giant outlined plans to save around $1bn over the next three years alongside its full-year results.
The company said the redesign of its operating framework will deliver around $850m of savings, while supply chain initiatives will deliver approximately $150m....

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