On the back of strong revenue growth of 42%, Distil has delivered interim profits at operating and pre-tax level of £101K, compared with last year’s loss of £21K. This represents an operating profit margin of just under 9%, with the company’s perennial cost control complemented by a welcome increase in gross margin driving this 11% swing at the operating margin level. The contribution margin increased by 240bps, despite the continued investment in brand marketing and p
25 Oct 2018
Positive P&L dynamics …..
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Distil PLC (DIS:LON) | 0.6 0 0.0% | Mkt Cap: 5.43m
- Published:
25 Oct 2018 -
Author:
David Jeary -
Pages:
6
On the back of strong revenue growth of 42%, Distil has delivered interim profits at operating and pre-tax level of £101K, compared with last year’s loss of £21K. This represents an operating profit margin of just under 9%, with the company’s perennial cost control complemented by a welcome increase in gross margin driving this 11% swing at the operating margin level. The contribution margin increased by 240bps, despite the continued investment in brand marketing and p