Distil PLC - London-based owner of premium alcoholic drinks brands such as RedLeg Spiced Rum and Blackwoods Gin - Revenue decreases 55% to GBP204,000 in the four months to July 31 from GBP453,000 the previous year. Consequently, the board is exploring its options for necessary immediate short-term funding. Read More
(Alliance News) - Stock prices in London were higher at midday on Wednesday, as the market remained optimistic following a UK CPI print in the morning, and ahead of one from the US later in the afternoon. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Wednesday. Read More
(Alliance News) - The following is a round-up of earnings and trading 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 updates by London-listed companies, issued on Monday and Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - Distil PLC on Thursday said it had faced "a tough quarter of trading" at the end of its financial year, but the company still expects to report annual growth upon the publication of its results in June. Read More
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
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
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
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More
(Alliance News) - Distil PLC on Friday said it has raised money for working capital. Read More
(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
(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
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More
(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
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
(Alliance News) - Distil PLC on Thursday announced a positive outlook as the company rebuilds its business model. Read More
(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