Stock Spirits (STCK LN, BUY, T/P 240p) reported full year EBITDA numbers at the top end of revised expectations in 2016. EBITDA was €53.7m compared with an indicative range of €50 to €54m issued in a 27th November 2015 update. This ability to match guidance in Poland may be perceived to be the first encouraging sign from that country’s vodka market for some time.
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2015 delivers “in line” EBITDA at €54
- Published:
10 Mar 2016 -
Author:
Chris Wickham -
Pages:
3
Stock Spirits (STCK LN, BUY, T/P 240p) reported full year EBITDA numbers at the top end of revised expectations in 2016. EBITDA was €53.7m compared with an indicative range of €50 to €54m issued in a 27th November 2015 update. This ability to match guidance in Poland may be perceived to be the first encouraging sign from that country’s vodka market for some time.