Diageo boss: 'Emerging markets remain attractive'
30 January 2014 Last updated at 10:46 GMT
Global drinks giant Diageo says the second half of the last fiscal year was a tough one in emerging markets.
The maker of Johnnie Walker whisky, Smirnoff vodka and Guinness said sales growth was just 1.8% over the period - down from the 2.2% it saw in the first half of the year - weighed down by weakness in the Chinese and Nigerian markets.
Chief executive Ivan Menezes told BBC World's Sally Bundock: "The demographics in emerging markets for our products remain very attractive and our strategy is unchanged".