Net income of Diageo under IFRS for the first six months of fiscal 2022 was £2.088 billion, up 25.7% from £1.661 billion in the previous year. Revenue increased 12.6% to £11.753 billion from £10.436 billion a year earlier.

Diageo has laid the first stone of its malt whiskey distillery in China. The distillery will be located more than 2,100 meters above sea level and will have an area of 66,000 square meters. The investment in the project will total $75 million. Construction is expected to begin in early 2022.

Diageo will invest $500 million to build a third tequila plant in the western state of Jalisco, Mexico.

Diageo has opened a distillery in Kentucky. The facility is 72,000 square feet. The distillery is capable of producing up to 10 million gallons of spirits. The facility has organized the production of Bulleit bourbon, using electrode boilers that run on 100% renewable electricity throughout the brewing, distillation and evaporation process.