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13 Jun 2022 10:12
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.
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