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Distil (DIS) Share News

IN BRIEF: Distil inks partnership with Global Brands

25th Mar 2024 13:27

Distil PLC - London-based owner of drinks brands including RedLeg Spiced Rum and Blackwoods Gin - Inks new partnership with Global Brands Ltd to supply UK off-trade customers. "Global Brands will be servicing Distil's UK grocery, cash & carry, and convenience customers effective immediately. Utilising its extensive sales network, and proprietary logistics and warehouse capabilities, this new venture offers the opportunity to work closely with a long-standing partner to accelerate brand growth," the company says. Read More

IN BRIEF: Distil investee Ardgowan hires whisky veteran as chair

22nd Jan 2024 11:23

Distil PLC - London-based owner of drinks brands including RedLeg Spiced Rum and Blackwoods Gin - Ardgowan Distillery Co Ltd hires Paul Currie as chair. Currie has 30 years experience in the whisky industry, including founding the Isle of Arran Distillers and the Lakes Distillery. Read More

IN BRIEF: Distil boosts quarterly revenue despite "suppressed" market

10th Jan 2024 12:05

Distil PLC - London-based premium drinks manufacturer with brands including RedLeg Spiced Rum and Blackwoods Gin & Vodka - Says revenue increased 39% to GBP571,000 in the third quarter ended December 31, from GBP411,000 the prior year. Cumulative revenue for the first nine months of its current year rose 38% to GBP1.2 million. Gross profit rose 23% to GBP272,000 in the quarter and by 26% to GBP554,000 in the nine-month period. Distil says Blackwoods revenue more than doubled in the quarter and that the brand is building encouraging traction. Read More

AIM WINNERS & LOSERS: Great Western completes mill construction

10th Jan 2024 10:46

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More

UK shareholder meetings calendar - next 7 days

5th Dec 2023 15:41

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Distil raises GBP765,000 for working capital at busiest business time

24th Nov 2023 13:27

(Alliance News) - Distil PLC on Friday said it has raised money for working capital. Read More

Distil investee breaks ground on GBP20 million whisky distillery

16th Nov 2023 12:45

(Alliance News) - Distil PLC on Thursday said investee Ardgowan Distillery Co Ltd has broken ground on the first phase of its GBP20 million whisky distillery. Read More

Distil shares down despite return to sales growth and narrowed loss

12th Oct 2023 13:55

(Alliance News) - Distil PLC on Thursday said turnover and gross profit increased in its latest half year, and that results remain "encouraging" despite macroeconomic headwinds driving up costs. Read More

UK shareholder meetings calendar - next 7 days

27th Jul 2023 15:43

Read More

AIM WINNERS & LOSERS: i(x) Net Zero surges as BP invests in WasteFuel

6th Jul 2023 10:36

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More

IN BRIEF: Distil says revenue up in first quarter; outlook uncertain

6th Jul 2023 10:16

(Alliance News) - Distil PLC - Alcoholic spirit maker - Revenue in its first quarter to June rises to GBP364,000 from GBP119,000. The company says comparative first quarter revenue in 2022 had been suppressed as the company remodelled its business. Distil notes that the market remains uncertain in the current economic climate, particularly with the UK's planned duty increases effective from August 1. Read More

IN BRIEF: Distil shares down as annual loss widens; revenue falls

4th Jul 2023 10:49

Distil PLC - London-based premium drinks producer, whose brands include RedLeg Spiced Rum and Blackwoods Gin and Vodka - Posts revenue of GBP1.3 million for year ended on March 31, down 55% from GBP2.9 million the year before. Pretax loss widens to GBP654,000 from GBP95,000, as gross profit falls to GBP684,000 from GBP1.6 million the year before. Adjusted administrative expenses increase by 21% to GBP903,000 from GBP890,000. Read More

Distil posts optimistic outlook but says annual loss widens

13th Apr 2023 13:56

(Alliance News) - Distil PLC on Thursday announced a positive outlook as the company rebuilds its business model. Read More

Distil shares suffer as spirit sales slump over Christmas

12th Jan 2023 12:38

(Alliance News) - Distil PLC on Thursday said third quarter revenue dropped due to "one-off issues" that it believes will not continue into next year. Read More

AIM WINNERS & LOSERS: No Christmas sales pop for Distil, Virgin Wines

12th Jan 2023 11:23

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More

LONDON MARKET CLOSE: FTSE 100 claws back gains late in the day

13th Oct 2022 17:05

(Alliance News) - Stock prices in London closed mostly in the green on Thursday, managing to shake off losses from earlier in the day following a US inflation print. Read More

IN BRIEF: Distil shares plunge on widened interim loss, lower revenue

13th Oct 2022 13:48

Distil PLC - London-based premium drinks brands such as RedLeg Spiced Rum - Says pretax loss in the six months ended September 30 widens to GBP555,000 from just GBP45,000 a year before, as revenue falls 68% to GBP460,000 from GBP1.4 million. Says it moved towards direct sales of its products, instead of through a distributor during the half. "UK sales are adversely impacted by the removal of inventory from the distributor supply chain as it transitioned away from its UK distributor and to direct sales during Q2", Distil says Gross profit decreases by 74% to GBP210,000 from GBP794,000, and administrative expenses are up 29% to GBP436,000 from GBP338,000 the year earlier. Read More

AIM WINNERS & LOSERS: Quixant lifts guidance again; Distil sales fall

13th Oct 2022 11:15

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More

REPEAT: Distil produces less but expects post-Covid recovery

13th Jul 2022 11:15

(Alliance News) - Distil PLC on Wednesday reported a sharp fall in quarterly revenue while export sales grew. Read More

AIM WINNERS & LOSERS: t42 contract win; Sound Energy Morocco tax blow

13th Jul 2022 11:02

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More

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