East African Breweries Limited’s (EABL) #ticker:EABL British parent firm Diageo is warning of up to Sh41 billion or 2.7 percent hit in net sales for the year to June 2020 on disruption of business by the coronavirus outbreak.
Diageo, which has a presence in six continents, says the expected dip is founded on the evolving coronavirus pandemic that has disrupted consumption, with bars closing in some markets such as China and many cities in Europe.
