Britain's Most Admired Companies 2013: Beverages

With the sale of iconic brands like Irn-Bru, it was all-change this year for Big Beverage in the UK. Are things still fizzing along?

Veteran CEO Paul Walsh - who handed over to Ivan Menezes in July - goes out on a high, as Diageo is again proclaimed Britain's Most Admired Company - a spirited performance from the maker of Guinness, Tanqueray, Baileys and Ketel One. Interim results showed double-digit growth in Latin America, although a slowdown in Asia pulled overall growth down 0.9% on the predicted 4%. It faces stiff competition in Africa from second-placed SAB Miller - first-half profits at the brewer (which derives 75% of its revenues from emerging markets) were up 7%. Coca-Cola Enterprises has invested £15m in a high-tech recycling plant to make more eco-friendly bottles. Despite its failed Britvic merger, IrnBru maker AG Barr fizzes into fifth.

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