26th Jan 2016 08:30
LONDON (Alliance News) - Stock Spirits Group PLC on Tuesday said group earnings before interest, tax, depreciation and amortisation for 2015 will be in the upper half of its guided range of EUR50 million to EUR54 million.
The Central European branded spirits producer said trading in the fourth quarter of 2015 and in the full year was in line with guidance, both in Poland and in its other core markets.
"The business is conducting a "root and branch" review of both our business in Poland and our broader corporate strategy. We will provide an update on this, as well as our approach to capital allocation, at the time of our full-year results on March 10, 2016," Stock Spirits said in a statement.
Shares in Stock Spirits were trading up 0.8% at 120.75 pence on Tuesday morning.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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