Distil has published its Q4 trading update, confirming a strong finish to FY20E and outperforming the wider UK alcohol market. Against a weak Brexit-driven performance in Q4 last year, Distil delivered a volume increase of 80%, with revenues almost doubling with a 97% increase. Demand was strong from off-trade (retail) customers, looking to bolster stocks in response to the COVID-19 outbreak and subsequent higher levels of endconsumer demand. Management has confirmed FY20E performance to be i
09 Apr 2020
A strong final quarter….
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A strong final quarter….
Distil PLC (DIS:LON) | 0.6 0 0.0% | Mkt Cap: 5.43m
- Published:
09 Apr 2020 -
Author:
David Jeary -
Pages:
4
Distil has published its Q4 trading update, confirming a strong finish to FY20E and outperforming the wider UK alcohol market. Against a weak Brexit-driven performance in Q4 last year, Distil delivered a volume increase of 80%, with revenues almost doubling with a 97% increase. Demand was strong from off-trade (retail) customers, looking to bolster stocks in response to the COVID-19 outbreak and subsequent higher levels of endconsumer demand. Management has confirmed FY20E performance to be i