11th Aug 2016 13:03
LONDON (Alliance News) - Distil PLC on Thursday said a "leading" supermarket has listed its RedLeg spiced rum in its stores across the UK.
This follows the listings of the product in April 2015 and October 2015 in two other major UK grocery chains, Distil said. It didn't name any of the three supermarkets.
Distil added that trading in the first quarter of its financial year was broadly in line with its expectations, both sales volume and revenue up 1% and 5%, respectively year-on-year.
"We are delighted RedLeg Spiced Rum has been listed by another major UK supermarket chain, further enhancing awareness and availability of this popular brand which is growing in both the on trade and off trade. We continue to make steady progress across the portfolio with our brands benefiting from increased marketing activity," Executive Chairman Don Goulding said in a statement.
Shares in Distil were trading up 16% at 1.28 pence on Thursday.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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