Distil has delivered a strong set of results against last year’s pipeline fill from winning new listing contracts with major retailers. This effect was most marked in Q2, with Q1 also benefiting this year from the later timing of Easter. Top line revenues increased by 23% to £818K, with gross margin held broadly flat. The operating loss was cut by 68% to £21K (vs £66K last year), with the corresponding operating loss margin improving to 2.6% from 9.9% last year. The ke
24 Oct 2017
Strong first half results….......
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Strong first half results….......
Distil PLC (DIS:LON) | 0.6 0 4.3% | Mkt Cap: 5.43m
- Published:
24 Oct 2017 -
Author:
David Jeary -
Pages:
5
Distil has delivered a strong set of results against last year’s pipeline fill from winning new listing contracts with major retailers. This effect was most marked in Q2, with Q1 also benefiting this year from the later timing of Easter. Top line revenues increased by 23% to £818K, with gross margin held broadly flat. The operating loss was cut by 68% to £21K (vs £66K last year), with the corresponding operating loss margin improving to 2.6% from 9.9% last year. The ke