FY16 marks a year of major progression for Distil with a substantial increase in turnover and a dramatic reduction in the operating loss, despite a marked step up in brand marketing costs and difficult trading conditions in Eastern Europe continuing to adversely impact sales of Blavod, the black vodka brand. Following its TTB approval, shipments of Blavod have been resumed into the USA, after an absence of several years. RedLeg Spiced Rum achieved a significant breakthrough in the UK, winning
08 Jun 2016
A year of significant progress in the UK…
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A year of significant progress in the UK…
Distil PLC (DIS:LON) | 0.6 0 0.0% | Mkt Cap: 5.43m
- Published:
08 Jun 2016 -
Author:
David Jeary -
Pages:
11
FY16 marks a year of major progression for Distil with a substantial increase in turnover and a dramatic reduction in the operating loss, despite a marked step up in brand marketing costs and difficult trading conditions in Eastern Europe continuing to adversely impact sales of Blavod, the black vodka brand. Following its TTB approval, shipments of Blavod have been resumed into the USA, after an absence of several years. RedLeg Spiced Rum achieved a significant breakthrough in the UK, winning