Distil Share News (DIS)

Distil sees volumes and revenue fall in Q4

(Sharecast News) - Drinksmaker Distil said on Thursday that both volumes and revenue had decreased in the three months ended 31 March.

Distil shares suffer as spirit sales slump over Christmas

(Alliance News) - Distil PLC on Thursday said third quarter revenue dropped due to "one-off issues" that it believes will not continue into next year.

AIM WINNERS & LOSERS: No Christmas sales pop for Distil, Virgin Wines

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

LONDON MARKET CLOSE: FTSE 100 claws back gains late in the day

(Alliance News) - Stock prices in London closed mostly in the green on Thursday, managing to shake off losses from earlier in the day following a US inflation print.

IN BRIEF: Distil shares plunge on widened interim loss, lower revenue

Distil PLC - London-based premium drinks brands such as RedLeg Spiced Rum - Says pretax loss in the six months ended September 30 widens to GBP555,000 from just GBP45,000 a year before, as revenue falls 68% to GBP460,000 from GBP1.4 million. Says it moved towards direct sales of its products, instead of through a distributor during the half. "UK sales are adversely impacted by the removal of inventory from the distributor supply chain as it transitioned away from its UK distributor and to direct sales during Q2", Distil says Gross profit decreases by 74% to GBP210,000 from GBP794,000, and administrative expenses are up 29% to GBP436,000 from GBP338,000 the year earlier.

AIM WINNERS & LOSERS: Quixant lifts guidance again; Distil sales fall

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

REPEAT: Distil produces less but expects post-Covid recovery

(Alliance News) - Distil PLC on Wednesday reported a sharp fall in quarterly revenue while export sales grew.

AIM WINNERS & LOSERS: t42 contract win; Sound Energy Morocco tax blow

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

Distil produces significantly less but expects post-Covid recovery

(Alliance News) - Distil PLC on Wednesday reported a sharp fall in quarterly revenue while export sales grew.

Distil volumes, revenues plunge amid business 'remodel'

(Sharecast News) - Premium spirits company Distil said in a trading update on Wednesday that volumes were down 79% year-on-year in its first quarter, with revenues falling 81% to £0.12m.

LONDON MARKET OPEN: Stocks, pound fall despite decent UK GDP reading

(Alliance News) - Blue-chip European equities were on the back foot in early dealings on Wednesday, despite a mostly positive day in Asia, as markets were hit by trepidation ahead of the afternoon's US inflation data.

IN BRIEF: Distil signs distribution agreement with Marussia Beverages

Distil PLC - London-based premium drinks retailer - Enters new distribution agreement with Swiss-based Marussia Beverages Corp, following decision to withdraw its portfolio of spirits from its long-term UK distributor, Hi-Spirits.

UK shareholder meetings calendar - next 7 days

IN BRIEF: Distil annual revenue falls but tops pre-virus levels

Distil PLC - London-based premium drinks retailer - Swings to a pretax loss of GBP95,000 in the year ended March 31, from a profit of GBP243,000 the year before. Revenue falls 19% to GBP2.9 million from GBP3.6 million. Says it performed well in financial 2022 and attributes the drop in revenue and profit to a strong comparator year. Adds that revenue increased 20% versus financial 2020 from GBP2.4 million. Plans to strengthen its commercial and marketing departments to further accelerate the growth of its brands.

TRADING UPDATES: BlueRock output rises; Watkin Jones profit to fall

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: