Half Year 2022 Diageo PLC Earnings Call (Q&A Session) Transcript
Good morning, and welcome to Diageo's 2022 Interim Results Q&A Call. Your call today will be hosted by Ivan, Diageo's CEO; and Lavanya, Diageo's CFO. This conference is being recorded. (Operator Instructions) We are now ready to start the call. Ivan, please go ahead.
Hello, everyone, and thank you for joining our interim results call for fiscal '22. I hope you've had a chance to read our press release and watch our presentation webcast on diageo.com.
I'm very pleased with our results for the first half of fiscal '22. It builds on our strong momentum in fiscal '21 and demonstrates our world-class brand building, supply chain excellence and agile culture. Organic net sales were up 20%. All 5 regions delivered double-digit growth and exceeded net sales in the first half of fiscal '19.
Growth was broad-based across categories, and I was particularly pleased with the strong growth in scotch, up 27%; the continued outperformance in tequila, up 56%; and the recovery in beer, up 22%. We
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