Diageo first quarter sales up 5 percent

RetailReuters

The world's biggest spirits group, Diageo Plc , posted a 5 percent rise in underlying first-quarter sales, boosted by strong growth in emerging markets and a good performance at its spirits business in the United States.

The British maker of Smirnoff vodka and Captain Morgan rum on Wednesday said that trading in its July-September first quarter was in line with expectations. The group posted a 9 percent rise in the same period in 2011.

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(Reporting by Neil Maidment; Editing by Rhys Jones)