Artisanal Spirits heartened by new whisky collection's popularity
(Alliance News) - Artisanal Spirits Co PLC on Monday said it has seen "encouraging demand" for its new whisky collection. Read More
(Alliance News) - Artisanal Spirits Co PLC on Monday said it has seen "encouraging demand" for its new whisky collection. Read More
(Alliance News) - Artisanal Spirits Co PLC on Tuesday said it has narrowed its loss in its half-year results, as it begins to expand its international profile into new Asian markets. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Artisanal Spirits Co PLC on Thursday said it had acquired US-based Single Cask Nation to secure "greater presence in the world's largest premium whisky market". Read More
(Alliance News) - Artisanal Spirits Co PLC on Friday said its annual revenue will be shy of market expectations on an underwhelming showing in China and as sales of a new product were slower than predicted. Read More
Artisanal Spirits Co PLC - Edinburgh, Scotland-based distiller of single-cask and limited-edition whiskies - Announces new GBP15 million financing facility via new partner Ferovinum Ltd, a London-based business-to-business service company. As part of the agreement, Ferovinum extends to Artisanal GBP2.6 million in cash through a cask spirit parcel valuation of GBP3.8 million at 70% loan to value ratio for a maximum of two years. Artisanal Chief Executive Andrew Dane says: "This is an exciting development giving the group further financial flexibility without increasing gross debt whilst demonstrating the value of the group's assets. ASC has two value streams: the core trading business and its inventory where the value of our spirit casks has been proven by Ferovinum extending capital at retail valuations underpinning the worth of our inventory, providing financial flexibility and giving us further confidence in the company's investment strategy and asset base." Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - Artisanal Spirits Co PLC on Tuesday announced the launch of a new subsidiary in Taiwan, the third-largest market for ultra-premium scotch whisky globally. Read More
(Alliance News) - Artisanal Spirits Co PLC on Tuesday said revenue in the six months to June 30 grew slightly due to strong performance in Europe and the UK, and is confident it will meet full-year expectations. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Artisanal Spirits Co PLC - Edinburgh, Scotland-based distiller of single-cask and limited-edition whisky and owner of Scotch Malt Whisky Society - Promotes Interim Finance Director Billy McCarter to chief financial officer with immediate effect. McCarter is an ACCA certified accountant; experience includes eight years as commercial finance manager at spirits and beer maker Diageo PLC. Artisanal Spirits also has hired Chris Leggat, former chief executive officer at whisky manufacturer Douglas Laing & Co, as business development director. Read More
(Alliance News) - Artisanal Spirits Co PLC on Wednesday reported a double-digit rise in its yearly revenue, as well as a narrowed loss. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Artisanal Spirits Company PLC - Edinburgh, Scotland-based distiller of single-cask and limited-edition whiskies - Continues to make progress in relation to new multi-purpose supply chain facility at Masterton Bond, near Glasgow. Work is progressing according to schedule and on budget, it says. Has completed construction phase and moving to commissioning phase. Commences bottling operations. Expects facility to be fully operational during first quarter of 2023 as planned. Anticipates the facility will improve operating margins by around 2%, with benefits expected early in 2023 financial year. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Correcting the name of Scotch Malt Whisky Society.) Read More
(Alliance News) - Artisanal Spirits Co PLC on Wednesday reported increased interim revenue as membership of its flagship Scotch Malt Whisky Society rose, but loss widened. Read More
Artisanal Spirits Company PLC - Edinburgh, Scotland-based owner of the Scotch Malt Whisky Society - Reports strong trading with sales up 25% to nearly GBP10 million for six months ended June 30, compared to GBP7.9 million the year before, including a stand-out performance in China with revenue up by over 50%. Says on track to deliver full year performance in line with expectation and doubled revenue between 2020 and 2024. For 2021, Artisanal Spirits reported GBP18.2 million in revenue, up 21% from GBP15.0 million in 2020. Read More