LONDON—Johnnie Walker maker Diageo PLC reported a sharp drop in sales for the year as higher alcohol sales in North America failed to make up for slumps in most other countries caused by the pandemic.

The world’s biggest liquor maker took an £1.36 billion ($1.78 billion) impairment charge due to what it described as challenging trading conditions in India, Nigeria and Ethiopia, and for a scotch brand in Korea.

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