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[Tuff-Stuff]

Diageo (DEO): FH1 net profit +61% to £1.54B. Operating profit before exceptional items +9% to £2.03B vs consensus of £2.02B. Net sales +5% to £6.04B vs consensus of $6.05B, driven by "pricing strategy and premiumization, especially in the U.S." Underlying volumes +1%, boosted by "expanding reach to emerging middle class consumers in faster growing markets." Declares dividend of 18.10 pence a share,