Stock Spirits (STCK LN, BUY, T/P 240p) announced HY2017 revenue of €120m (2016: €116m), slightly in front of our forecast. This was driven partly by a 7% increase in total volume to 5.7 million 9-litre cases (2016: 5.4m). Operating profit rose 32% to €16.5m (2016: €12.5m) and basic EPS increased to €0.06 (2016: €0.04). The company host an analyst presentation at 9.00am.


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Positive First Half Display
- Published:
09 Aug 2017 -
Author:
Chris Wickham -
Pages:
4 -
Stock Spirits (STCK LN, BUY, T/P 240p) announced HY2017 revenue of €120m (2016: €116m), slightly in front of our forecast. This was driven partly by a 7% increase in total volume to 5.7 million 9-litre cases (2016: 5.4m). Operating profit rose 32% to €16.5m (2016: €12.5m) and basic EPS increased to €0.06 (2016: €0.04). The company host an analyst presentation at 9.00am.