Drinks giant Diageo reported 3% volume advanced in the half-year to end-December. The prices increase along with mix benefits 7% organic net sales growth.

There was a 9% organic operating gain increase. Net sales emerge in at £5.757bn (2010: £5.32bn) and operating profit up 7% to £1.842bn, increase from £1.718bn in the prior year period. 4 percentage points of price/mix forward organic gross margin advance of 70 basis points.

Marketing was rose 10% on an organic basis with 20% growth in markets and 8% growth in North America.

EPS ,pre-ordinarily items was rose 16% to 55.9p per stock while interim dividend was climbed by 7% to 16.6p per stock.

Paul Walsh, CEO, said:” Diageo has raise a solid and well balanced first half performance with 9% operating gain growth and 60 basis points of operating margin expansion.

“This the yield of the investments we have build to our brands, deepen to make our markets routes growing faster in the world, increase our leadership in US spirits and also create an integrated organisation in Western Europe amid of an uncertain economic environment.”

“Our emerging market business net sales forward at 18% and operating gain at 23% and now give for almost 40% of our business.”

“Our performance in markets business were improved and give top line growth and operating margin expansion in marketing as a percent of net sales improved.

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