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Distil Information
Share Price Information for Distil (DIS)
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Share Price:
0.50
Bid:
0.45
Ask:
0.55
Change:
0.00 (0.00%)
Spread:
0.10 (22.222%)
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Don't have an account? Click here to register.Distil posts decline in revenue
Thu, 04th Jun 2015 10:59
AIM-listed Distil disappointed investors with a drop in annual revenue in what it described as a "satisfactory" set of results for the 12 months ended 31 March.It said its overall performance was held back by two issues, namely unexpected delays in securing US Alcohol & Tobacco Tax & Trade Bureau (TTB) approval for Blackwoods Gin and the effect this had on expected revenues, and secondly a drop-off in sales through Eastern Europe, especially Ukraine and Russia for its Blavod black vodka brand.Despite this, operating losses for the period narrowed from £367,000 to £286,000 on sales of £666,000, which was down from the £2.4m reported for the prior year.The group was also able to reduce its sales costs from £1.83m to £0.26m and its admin expenses from £0.94m to £0.69m."We are optimistic for the coming year, having seen sales improve strongly in the last few months in the UK and also steadily increasing internationally as our brands gain momentum," the firm said."All our brands have the potential to perform very well following completion of brand redesign and liquid improvements. We expect to further grow revenues and to expand our distribution network in the months ahead."The share price had fallen 17% to 0.77p by 1215 BST.
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Distil's earnings to be ahead of expectations after Christmas sales surge
(ShareCast News) - Distil, the owner of drinks brands RedLeg spiced rum, Blackwoods gin and Jago's cream liqueur, said earnings for last year are likely to be ahead of expectations due to a surge in sales over Christmas. Revenues for the third quarter ended 31 December 2016 jumped 71% year-on-year,
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Distil's revenue rises as it plots US expansion
(ShareCast News) - AIM-listed Distil's half year revenue rose as the drinks owner invested in marketing and recruitment, while it plans to expand in the US. Distil, which owns RedLeg Spiced Rum, Blackwoods gin and vodka, Blavod black vodka and Jago's cream liqueur, reported that its revenue increase
Read more23 May 2016 08:02
Distil plans spiced rum launch in US after regulator's approval
(ShareCast News) - RedLeg, a brand of spiced rum made by Distil, has been approved for sale in the US from the Alcohol and Tobacco Tax and Trade Bureau (TTB). The regulator's decision follows its approval for Distil's Blavod Black Vodka and Blackwoods Gin last year. Don Goulding, executive chairman
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