Todays ahead of expectations YE update caps off another year of strategic, operational and financial delivery. Revenue is 2% ahead of our forecast resulting in 20% y/y growth, membership is up 12% and retention maintained at a high 77%. The other main news today is the departure of the MD, David Ridley. However, he leaves Artisanal in a strong position and we view the appointment of Andrew Dane (current FD) as his successor positively. He has an excellent grasp of the business and we back him to ....
24 Jan 2023
YE update – small beat; Board evolution
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YE update – small beat; Board evolution
Artisanal Spirits Company PLC (ART:LON) | 45.5 0 0.0% | Mkt Cap: 32.1m
- Published:
24 Jan 2023 -
Author:
Sahill Shan -
Pages:
4
Todays ahead of expectations YE update caps off another year of strategic, operational and financial delivery. Revenue is 2% ahead of our forecast resulting in 20% y/y growth, membership is up 12% and retention maintained at a high 77%. The other main news today is the departure of the MD, David Ridley. However, he leaves Artisanal in a strong position and we view the appointment of Andrew Dane (current FD) as his successor positively. He has an excellent grasp of the business and we back him to ....