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Javier Gonzalez-Lastra

Javier Gonzalez-Lastra

Research Analyst at Berenberg

London, GB

Javier Gonzalez-Lastra is an Equity Analyst at Berenberg Bank, specializing in consumer goods and luxury sectors where he covers leading companies such as Rémy Cointreau. With a 3.72-star rating on TipRanks, he maintains a Buy recommendation rate of 70% and has been ranked 2,440 among Wall Street analysts, reflecting strong sector expertise and consistent performance. Gonzalez-Lastra began his career at Exane Ltd. in 2006, moved to Goldman Sachs International as a Research Analyst from 2007 to 2010, returned to Exane Ltd. until 2014, and has held senior analyst responsibilities at Berenberg since 2014. He holds the CFA designation, underscoring his professional credentials and commitment to rigorous financial analysis.

Javier Gonzalez-Lastra's questions to DIAGEO (DEO) leadership

Question · H2 2025

Javier Gonzalez-Lastra from Berenberg asked about the potential for further substantial disposals beyond those rumored and questioned the expected impact of lower agave prices on costs in fiscal 2026.

Answer

Interim CEO & Director Nik Jhangiani declined to comment on specific rumors but confirmed the strategy to pursue 'substantial' disposals of non-core assets is ongoing. Regarding agave, he explained that due to a mixed sourcing strategy (owned, contract, spot), the benefit from lower spot prices will be realized gradually over time, not immediately in fiscal 2026, as existing inventory is used.

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