Distil is the new name for Blavod - Old thread here




Based in London, Blavod Wines & Spirits plc is the owner of Blavod Original Black Vodka, Blackwood's Vintage Gin, Blackwood's Limited Edition Vintage Gin, Blackwood's Vodka, RedLeg Spiced Rum, Diva Vodka and Jago's Vanilla Cream Liqueur. The Company markets and sells its brands in a number of international markets including the UK, USA, Germany, Spain, Australia and Russia.

Company Website

Investor Information

Recent Broker notes

BarChart Indicators

Recent Market news

Distil PLC Fundamentals

Trading Update

Distil PLC (AIM: Dis), the AIM quoted owner of premium drinks brands, is pleased to give an update on trading for the year ended 31 March 2014.

The fourth quarter saw the conclusion of our move from being a UK Distributor of third party brands to being a business entirely focused on the development of our owned brands and, as a result, we decided to change the name of the Company to Distil PLC. This new name better describes the nature of our products: distilled spirits, and also reflects the growing breadth of all of our brands rather than appearing as a single brand company.

In May 2013 we acquired Blackwoods gin and vodka, Diva vodka and Jago's cream liqueur, and have spent much of the last year working on making improvements to these products and their packaging. This work is now complete for Blackwoods with the launch of Blackwoods vodka in March 2014 (Vintage Dry Gin and Limited Edition 60% ABV were launched in Sept 2013), both Diva's and Jago's development are now nearing completion with Diva being launched in the coming quarter and Jago's planned for launch prior to the peak Christmas 2014 trading period.

RedLeg Spiced Rum continues to grow and expand its distribution and consumer following.

Equally important have been our efforts to expand the geographical distribution of our brands and to improve their market coverage. In January 2014 we announced the appointment of The Water Company as our exclusive distributor for Blackwoods and RedLeg Spiced Rum in Spain, one of the largest markets for Gin and Rum in the world. We are also currently active in discussions with a number of parties to appoint a new distributor for Blavod Black Vodka in the US to help us expand in this important export market.

We have continued to make improvements to the Company's financial controls and now invoice all sales transactions in sterling rather than local currency. This provides greater pricing stability between markets and reduces currency exposure risk. Our use of our factoring facility has been minimal since the successful fund raising in October 2013 and this facility came to a contractual end at the end of April 2014. Primarily therefore, expenditure in this quarter has been on brand redesign, brand development, product improvement and social media.

Final Results

Owned brands

· 36% increase in sales of Blackwoods Gin and 37% increase in RedLeg Spiced Rum

· Successful launch of Blackwoods Vintage Dry Gin, Blackwoods Limited Edition 60%ABV Gin and Blackwoods Vodka

· Diva Vodka and Jago re-designed and nearing re-launch in UK

· International network increasing with Spanish distributor appointed

Agency brands

· Cessation of distribution agreement with Babco and Bruichladdich Distillery brands

Corporate

· Share placing in October 2013
· Name change to Distil plc

AGM Statement

Distil (AIM: DIS), owner of premium drinks brands including Blavod Black Vodka, Blackwoods Gin and Vodka, RedLeg Spiced Rum and Jago's Cream Liqueur will hold its Annual General Meeting today at its offices 39/40 Albemarle Street, London, W1S 4TE at 12.00pm. At the meeting, Don Goulding, Executive Chairman will make the following statement:

"Since the beginning of the new financial year we have continued to make steady progress in developing our own brands and increasing their sales across the UK and international markets. Blackwoods Gin and RedLeg rum are outperforming the market and their categories.

We are in the process of launching the newly designed and reformulated Jago's Vanilla Cream Liqueur, made with premium vodka based on a recipe by Tom Jago. Jago's is made using real dairy cream and is perfectly placed to fill a niche in the market for cream based liqueurs and I'm pleased to report that it has been well received by a number of the UK retailers.

We have now identified, and agreed terms with, two US distributors covering Blackwoods, RedLeg and Blavod. We are currently awaiting approval from the authorities and once confirmed we will make a more detailed announcement. Our expectation is that approval will be granted by mid August.

Overall market conditions vary significantly by country and region. The common theme of premium brands outpacing the overall market continues.

We will launch Diva vodka in our third quarter as planned."

Currently up 28% on good volume.

Rather missed the boat - nearly dipped my feet in following your excellent post on 3 Jul - spending a lot of time preparing a case to HM Revenue and Customs - which is testing my patience and not allowing time to play FTSE !!

A friend of mine had his life nearly ruined by dubious HMRC activity - google Abbey Forwarding - here is an article that appeared about the case in the Telegraph.

How one family were brought to their knees by the taxman

Thank you so much Skinny - I made need a bottle of Distil Diva Vodka to assist with my case and reading fully through the article

A few other links on the case :- Abbey Forwarding Hansard

Trading Update

Distil (AIM: DIS), owner of premium drinks brands Blavod Black Vodka, Blackwoods Gin and Vodka, RedLeg Spiced Rum, Jago's Cream Liqueur and Diva provides the following trading update:

At the annual general meeting in July this year, we announced that we had agreed terms with two US distributors for Blavod Vodka, Blackwoods Gin and Blackwoods Vodka, subject to approval from the US Alcohol and Tobacco Tax and Trade Bureau (TTB). At that time, we expected this approval to be granted by August 2014 having submitted our requests in December and March. Regrettably, we have no control over the speed of this application process and to date have not received approval, nor a clear indication of when it may be forthcoming. We do not foresee any refusal however we were planning to have these permissions in time to have shipments in market and distribution established prior to the peak trading period. As a result of the delay, it is now clear that the Company will not meet its projected levels of sales for this year, and consequently we have been unable to achieve the monthly break-even position anticipated by now. We therefore anticipate that, notwithstanding we are only nearly half way through the financial year, the full year results will be significantly below current market expectations.

We will report further once the expected approvals are granted.

We are pleased to report however, that RedLeg natural flavouring has now been approved by the US Food and Drug Administration (FDA) and that the necessary approvals for it to be sold in the US are now being sought from the TTB.

Outside of the US, where the majority of our trading takes place, sales volumes have continued to grow, Blackwoods Gin by 22% year to year and RedLeg Rum by 48%, and Blackwoods Vodka newly launched.

Jago's, our premium vodka based Vanilla Cream Liqueur, has been redesigned and is being re-launched. The new pack and improved liquid have been well received. As we build its distribution base we are marketing directly to our target market through sampling and consumer events.

Plans for the launch of Diva, our super premium wheat based vodka which contains a wand of Swarovski elements are well advanced and we expect sales will start in the next quarter.

We remain entirely focused on building our brands and broadening our distribution base which is critical in this market and have recently appointed distributors for RedLeg in Russia and Canada and for Blackwoods in Portugal Germany, France and Italy as per our planned expansion.

The interims results for the half year to 30 September are scheduled for release in early November.

New Listings for Distil Brands in run up to Christmas

Up 150% on the day - I only need another 20% to break even!

bought in a few weeks ago..waiting USA listings/deals etc

Blackwoods Gin approved by TTB


Distil (AIM: DIS), owner of premium drinks brands, is pleased to announce that Blackwoods Gin, one of its leading brands has, been approved by the US Alcohol and Tobacco Tax and Trade Bureau (TTB) for sale and distribution in the United States, the single largest market for UK produced gin in the world.

Following this approval, as part of the two part process, Distil has now submitted to the TTB proposed labeling for the bottles which also require approval, a process that normally takes approximately eight weeks.

Distil has already in place an agreement for the distribution of Blackwoods, details of this agreement will follow in due course.

Don Goulding, Executive Chairman of Distil PLC, said:

" This is great news and we now wait for the labeling to be approved which hopefully is a formality and then will start to ship the Gin over to the States for distribution in 2015. Blackwoods is an excellent brand, which has done very well in the UK and Europe since we re-designed its packaging and formulation. We are confident that it will also be well received in the US, where we hope to generate significant sales volumes."

BREWIN NOMINEES > 3%

Half Yearly Report

Operational review:

• US Distributor appointed in anticipation of TTB (US Alcohol and Tobacco Tax and Trade Bureau) approval for Blackwoods gin, Blackwoods vodka and RedLeg spiced rum.
• US FDA (Food and Drug Administration) approval for the natural flavourings for RedLeg Spiced rum allowing the subsequent admission to TTB for approval.
• Appointment of replacement distributor in US for Blavod Black vodka.
• Appointment of distributors for RedLeg in Russia and Canada and for Blackwoods in Portugal Germany, France and Italy.
• Increased investment in promotional support for Blackwoods gin, vodka and RedLeg rum.
• Ukraine and Russia Duty Free reduction in imports year-on-year.
• Termination of remaining third party brand distribution agreements. Group now
entirely focused on owned brands.



Financial Review - versus same period last year

• Gross profit from owned brands increased by 8%
• Decline in Blavod vodka volumes as Eastern Europe and Ukraine reduce imports.
• Margins on owned brands rise from 39% to 55% for the same period, year-on-year.
• Turnover falls as the Group moves from 3rd party brand distribution in the UK and transfers owned brands to a distributor. This is reflected in the associated reduction in staff costs.
• Financing costs reduced to £3k (down 83%) following withdrawal from invoice
factoring.
• Total administrative expenses reduced by 33% of which Staff costs are down 41%

Blackwoods US Approval & Distributor Agreement

Distil (AIM: DIS), owner of premium drinks brands, is pleased to announce that following the statement made on 27 November 2014 Blackwoods Small Batch Gin has now been fully approved by the US Alcohol and Tobacco Tax and Trade Bureau (TTB) for sale in the United States of America, the largest single market for UK produced gin in the world.

Production and shipping of the first cases of Blackwoods Small Batch gin is expected to start in the next few weeks.

more...

Distil (AIM: DIS) – Blackwoods Small Batch Gin fully approved for sale in the US - see more at http://tinyurl.com/payovhq

Director Changes

Christmas Trading and TTB Approval

Healthy Christmas Trading. Blavod Black Vodka and
Blackwoods Limited Edition 60% Gin
Approved by TTB


Distil plc ("the Group" or "Distil") (AIM: DIS), owner of premium drinks brands, is pleased to announce that Blavod Black Vodka has been approved for sale in the USA by the US Alcohol and Tobacco Tax and Trade Bureau ("TTB").

The brand has been re-designed and features new packaging, new label design and an improved recipe. It will be distributed by Kanetz Alcohol Imports Co. a specialist drinks distributor based in Ohio, with a network covering the USA, Mexico, Jamaica and Canada.

At the same time, Distil has received initial TTB approval for its premium brand, Blackwoods Limited Edition 60% Gin and has submitted the proposed labelling as part of the two-stage process with full approval expected to take a further five weeks. Once fully approved, Blackwoods Limited Edition 60% Gin will be distributed by The Winebow Group throughout the USA, Virgin Islands and Puerto Rico.

The Group is also pleased to report that it achieved good levels of sales for its owned premium brands during the Christmas period with increased revenues and a number of new listings with major customers. Overall, revenues for owned brands increased by approximately 12% and net contributions doubled. This was achieved despite a reduction in the sales of Blavod Black Vodka in Eastern Europe, particularly Ukraine as a result of the current situation there.

Final Results

"Key brands enter USA market and growth in UK multiple retailers"

Distil (AIM: DIS), owner of premium drinks brands including Blackwoods Gin and Vodka, RedLeg Spiced Rum, Blavod Black Vodka, Diva Vodka and Jago's Vanilla Cream Liqueur,announces its final results for the year ended 31 March 2015.

Operational review

• TTB full approval received for Blackwoods Small Batch gin and Blackwoods Limited Edition Gin.
• Appointment of distributors for key brands in the US for Blackwoods, Red Leg and Blavod Black Vodka.
• Appointment of Finance Director.
• International and domestic sales volumes growing strongly.
• Jago's and Diva ready to be re-launched.


Financial review

· Turnover falls to £666k from £2,405k as the Group moves from 3rd Party brand distribution in the
UK to focus solely on domestic and international sales of its owned brands
· Gross profit from owned brands increased 20% from £338k to £406k
· Margins on owned brands rise from 46% to 61% for the same period, year-on-year.
· Total administrative expenses reduced by 21%
· Operating loss reduced by 22% from £367k to £286k
· Cash reserves of £511k at 31 March 2015.


Don Goulding, Executive Chairman of Distil, said:

"We have now completed the transition from being a third party brand distributor to a brand owning, brand focused business. Despite delays in the early part of the year we made solid progress in the second half with developments in the USA and continued growth in the UK. New listings for our brands in many leading bars and pubs together with one of the biggest UK multiple retailers have increased consumer awareness and trial of our products. I'm delighted to report that this level of improvement in our trading has continued into the new financial year and we are therefore optimistic looking forward."

The Red Leg Spiced Rum is my favourite.

AGM Statement

Trading Statement

Distil plc (AIM: DIS), owner of premium drinks brands RedLeg Spiced Rum, Blackwoods Gin and Vodka, Blavod Black Vodka, Jago's Cream Liqueur and Diva vodka, is pleased to report higher levels of sales over the important Christmas period.
Year-on-year quarter three (Oct-Dec 2015) revenues climbed by 71% whilst volumes rose by 31%, supported by a 96% increase in brand marketing. The higher percentage growth in revenues over volume was a result of the shift in product sales mix during the period away from licensed sales, primarily in Eastern Europe, toward own sales compared to the prior year.
The strong overall volume and sales performance was achieved despite a reduction in the sales of Blavod Black Vodka in Eastern Europe where volumes have continued to slow down especially in the Duty Free market and Ukraine. In contrast, following its re-entry into the USA market, the brand performed well with repeat orders at consumer and trade level.
Meanwhile, RedLeg spiced rum enjoyed strong consumer off-take both in bars and retail, particularly in the UK and Australia, over the period. We were particularly satisfied with the brand being listed by two of the UK's largest supermarket multiples and are encouraged by the consumer response to date.
The gin market remains buoyant with both Blackwoods Vintage and Blackwoods Limited Edition enjoying double-digit growth in both volumes and revenues. In the US our Blackwoods Small Batch Gin distributor is steadily increasing trial and building On Trade distribution.
Don Goulding, Executive Chairman of Distil, said:
"Our brands continue to gain consumer following in major markets and we are delighted with the performance from new listings.
Despite highly compétitive market conditions over Christmas our brands grew in volume and revenue. We continued to increase our brand marketing investment to build consumer awareness and trial in support of wider availability to the consumer.
TTB approval for RedLeg in the USA is awaited and we will ramp up our efforts to accelerate this process. We continue to make distribution gains in both the On-Trade and the Off-Trade and will continue to invest in marketing for the long term.
We are confident for the fourth quarter of the financial year and expect full year performance to be in line with the Board's expectations. Our plan remains focused on shareholder value creation through the development and success of our brands and we intend to build on the momentum achieved last year."

Proposed Placing of 62,625,981 Placing Shares at 1 pence per share

RedLeg Spiced Rum Approved by TTB

Distil plc (AIM: DIS), owner of premium drinks brands RedLeg Spiced Rum, Blackwoods Gin and Vodka, Blavod Black Vodka, Jago's Cream Liqueur and Diva vodka, is pleased to announce that RedLeg Spiced Rum has been approved for sale in the USA by the US Alcohol and Tobacco Tax and Trade Bureau ("TTB").

Don Goulding, Executive Chairman of Distil, said:

"In addition to the TTB approval for Blavod Black Vodka and Blackwoods Gin announced in 2015, TTB approval for RedLeg Spiced Rum will further enhance the Company's presence and future sales opportunities in the USA.

We look forward to expanding our US operations through the introduction to the US market of what has been the Company's most prominent brand in recent times"

12+ month high.

Red Legged Spıced Rum ıs my Favourıte.

Final Results

"Strong growth in brand volumes and revenues across key markets"

Distil (AIM: DIS), owner of premium drinks brands including Blackwoods Gin and Vodka, RedLeg Spiced Rum, Blavod Black Vodka, Diva Vodka and Jago's Vanilla Cream Liqueur, announces its final results for the year ended 31 March 2016.

Operational review

· RedLeg Spiced Rum listed in 2 major UK supermarket chains
· Commenced shipments of Blavod Black Vodka to the USA, where we had been absent for several years
· International and domestic sales volumes growing strongly


Financial review

· Turnover, supported by increased marketing investment, increases to £1,169k from £666k
· Gross profit increased 68% from £406k to £681k
· Margins reduced from 61% to 58% for the same period, year-on-year
· Other administrative expenses reduced by 17%
· Operating loss reduced by 66% from £286k to £97k
· Cash reserves of £982k at 31 March 2016


Don Goulding, Executive Chairman of Distil, said:

"We are pleased to report strong growth year-on-year on the back of increased investment in our brands. The overall business has been transformed and simplified over the past three years and we are benefiting from focus on each of our brands. The recent TTB approval of RedLeg Spiced Rum will further enhance our presence in the important USA market and, with planned further marketing investment across all our brands, we look forward to building on the significant progress made to date."

RedLeg listed in major UK supermarket chain

and

Trading Update

Distil plc ("the Group" or "Distil") (AIM: DIS), owner of premium drinks brands, is pleased to announce that another leading supermarket group has listed RedLeg Spiced Rum ("RedLeg") for its stores throughout the UK.

This follows the successful listings of RedLeg in April 2015 and October 2015 by two major UK grocery chains and further increases this brand's presence and availability in the UK.

We are also pleased to announce that trading in the first quarter (April-June) of the current financial year has been broadly in line with our expectations. Both sales volumes and revenues were up 1% and 5% respectively over the same period last year which contained our first listing with pipe fill to a major grocery chain, combined with major launch promotional activity which is phased differently this year.
Don Goulding, Executive Chairman of Distil, said:

"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."

Interim Results for the six months ended 30th September 2016


Distil (AIM: DIS), owner of premium drinks brands; RedLeg Spiced Rum, Blackwoods gin and vodka, Blavod black vodka, Jago's cream liqueur and Diva vodka, today announces its unaudited interim results for the six months ended 30th September 2016.

Operational review:

· RedLeg spiced Rum approved by TTB for sale in the USA.
· New listings for RedLeg in two major retail groups.
· New listing for Blackwoods Vintage Dry Gin in major UK retailer.
· Continued growth in on-trade distribution for RedLeg and Blackwoods.

Financial Review - versus same period last year:

· Revenue increased by 25.7% to £0.666m (2015 : £0.53m)
· Gross profit increased by 22.5% to £376k (2015 : £307k)
· Volume (litres) increased by 16.4%
· Other administration costs increased by 12.2%
· Investment in brand marketing and promotion increased by 9.8%
· Reduction in operating loss of 25.8% to £66k (2015 : £89k)

Trading update

Distil plc (AIM: DIS), owner of premium drinks brands RedLeg Spiced Rum, Blackwoods Gin and Vodka, Blavod Black Vodka, Jago's Cream Liqueur and Diva vodka, is pleased to report significantly higher levels of sales during the third quarter including over the important Christmas period.
Year-on-year third quarter (Oct-Dec 2016) revenues climbed by 71%, volumes grew by 56% and brand marketing investment increased by 88%.

Consumer sales advanced across all major trade channels including bars, pubs, retail and on-line retail on the back of stronger marketing support, greater promotional activity, wider distribution and increased consumer awareness of key brands. In addition, export sales were assisted by a weaker pound as international distributors took advantage of the associated price benefits. Licensed Sales of Blavod black vodka to the Eastern European markets continue to be suppressed although they have little impact on overall profitability.

Premium gin remains buoyant in most markets and Blackwoods gin is enjoying good growth. RedLeg continues to make very strong progress on all fronts.

Don Goulding, Executive Chairman of Distil, said:

"Quarter three is our most important trading period so I am delighted to report excellent progress over this Christmas season. We enjoyed an increased level of support for our key brands across all trade sectors as we continue to work closely with our trade partners and customers to help them meet their needs. Our brand investment at consumer level increased to reflect a growing consumer following for our brands.

The premium spirits market outlook remains positive although highly competitive especially in the gin category. We are well positioned to continue our brand building progress. Our focus over the coming months will be to open up new markets for RedLeg and prepare for the launch into the USA. Given the strong sales in the period to date the Board anticipates that the results for the year ending 31 March 2017 will be ahead of current market expectations."

Nice rise with volume.

Good sp climb from about Aug 2015 . Good to see gin sales doing well.

Bad news, just bought some DIS. Sorry! :o)

Swine! :-)

Dis one or some of DIS. :-))

😀

Link copied :- SHARE PUNT OF THE WEEK: Premium drinks maker Distil

Another good day!

And again.

Very nice. :-))

RSI banging on 80 again.

Added some more today.

Topped up 3 times this morning

Moving on up

Looking very positive on good volume today.

A buy, with a good write up in Shares this week.

Moving up again !

Grant of Options

The Board of Distil plc (AIM: DIS), owner of premium drinks brands RedLeg Spiced Rum, Blackwoods Gin and Vodka, Blavod Black Vodka, Jago's Cream Liqueur and Diva vodka, has made the following grant of options to Shaun Claydon ("Options"), Finance Director of Distil:

Number of Options granted 2,750,000


Total Options held following the grant 2,750,000

These Options over ordinary shares of 0.1p each have an exercise price of 1.62 pence per share, being the average closing mid-market price of a Distil share over the 10 business days prior to the date of grant.

50 per cent. of the Options vest upon the publication of the Annual Report and Accounts for the year ending 31 March 2017. The remaining 50 per cent. vest upon publication of the interim results for the period ending 30 September 2017.

Following grant of the above options, the total number of ordinary shares outstanding under option and warrant arrangements equates to 15,450,000 ordinary shares, representing 3.09 per cent. of the Company's issued share capital.

Added more this morning.

I am not a big fan of rum but to try out one of Distil's products I bought a bottle of Red Leg the other day. Very nice! Our youngest daughter has just moved to Seattle, I will ask her to look out for Red Leg and the others!

kim - posted elsewhere RedLeg

Topped up again
Great News

Cheers skinny!😀

Couldn't resist another top up. Topped up on shares too! :o)

Reasonable trades going through @2p.

Topped up a bit late this morning!
Had to pay 2p

You won't regret it CWMAM!

Have a large holding in these now
All i have found out looks good

Certainly the company has turned the corner; could it become a takeover target I wonder? I hope not, not yet anyway!

Very interesting and positive times ahead!

Can't be bad! :-)

The perfect combination skinny, if only I had shares in Fevertree as well!.😀

Well you have not . :-))

Sob! :o)

Good start to the week!

A new high @2.15p - I doubt that will last long.

Director shareholding

Distil plc (AIM: DIS) announces that it was notified on 23 March 2017 that Mr Mark Quinn, a director of the Company, transferred 2.5 million ordinary shares in the Company to his wife for nil consideration.

On the move

up over 11%

you forgot to mention that spread is 2.15/2.25
your so-called gain is effectively swallowed in the spread!

Good info,thanks cynic.

Looks like it is ready to pop
But it has a big spread.

Moving up

Big spread!

some things rarely change
play with MM-only stocks and be prepared to get screwed

New high

this one's not bad either :-)

Missed those,kept hoping they would have a big dip.
Such is life.

Ramper. :-))

absolutely, and exceedingly gleeful at having invested in a decent stock for once

Fevertree down today, Distil up. Ignore the proportions!😀

the mug punters need to be encouraged from time to time

Another new high.

50p by Christmas! 😀

New high
50p sounds good!!

One year chart FEVR/DIS :-)

Fizzing like a FEVR tonic water. Hmm, maybe I shouldn't say that! 😃

I don't believe that chart, :-))

Going through the roof!😄

Why has their been an explosion in your house? lol

My bottle of Fevertree blew up!😁

lol

Well done on these. :-))

Trading update on 28th?

Moving up 2.75p

Thought it was going to pop
WOW
Whats going on

Couldn't resist another little flutter! Nice!

2.9p

2.9 is actually 2.80/3.00

Going the wrong way
2.75

Bought another bottle of Red Leg yesterday, news obviously not filtered through yet!😊

Topped up my ISA again this morning, couldn't resist!

Ramp, ramp, ramp. I am surprised you have not said ' I would not want to be out of this over the weekend'. lol have a good Easter.

and don't drink all that moonshine :-)

Lol.

I would not want to be out of these over Easter! Hic! Have a good one, don't spend too much on Eggs, save some cash for Tuesday to buy some DIS!😀

I hate this share. :-))

Lol!

Redleg listed in major UK supermarket chain and Trading update


Distil plc (AIM: DIS), owner of premium drinks brands RedLeg Spiced Rum, Blackwoods Gin and Vodka, Blavod Black Vodka, Jago's Cream Liqueur and Diva vodka, is pleased to announce that another leading supermarket group has listed RedLeg Spiced Rum for its stores. The listing is effective from May 2017, further increasing the brand's presence and availability throughout the UK.

We are also pleased to report continued strong growth in sales volumes and revenues during the fourth quarter (January - March 2017).

Unaudited year-on-year fourth quarter revenues rose by 23% and volumes grew by 25%. Comparative fourth quarter 2016 sales included the Easter promotional period through March; this year however, Easter promotional sales will appear in April and are not included in the year-on-year sales revenue and volume increases highlighted above. The Company anticipates full year performance to be slightly ahead of the most recently updated market expectations* and we look forward to reporting our audited full year results in June 2017

Premium gin remains buoyant and Blackwoods gin is enjoying strong growth especially in the UK.

RedLeg spiced rum continues to make excellent progress on all fronts as awareness, product trial and repeat purchase build, supported by advances in distribution especially in the On Trade. Blavod Black Vodka sales volumes also returned to growth mainly through Duty Free and Eastern Europe.

Don Goulding, Executive Chairman of Distil, said:

"All of our key brands enjoyed good growth year on year during Q4 despite lapping numbers which included Easter promotions in 2016. We continue to focus on brand building and distribution gains and are making very good progress.

Premium spirits continue to outperform the overall spirits market and we expect this trend to continue for the foreseeable future. Our brands remain well positioned within their respective categories."

Very good news!
SP moving up!

spread nicely widened too :-)

Woosh! That's the sp and the sound of any tonic water being poured into my Red Leg, well, it would taste good even if it wasn't Fevertree!😀

Big spread, big premium drinks!😀

SP over 3p again
Big spread.

DIS about to start supplying ASDA,WALMART, ?

SP at highest level for 7 years.

Another major supermarket selling REDLEG from May 2017.
I am hoping it is ASDA ****

It might well be CWMAM, Red Leg is already available at Sainsbury's, Waitrose, Tesco, Morrisons and Amazon so not much choice left!

Going North in a big way!!!
Big spread?who cares

I am in for the ride on this one!!

May have some of these if it dips bit more. They may be another success story of the future, My local Tesco had sold out of Redleg at w/end

Now in ASDA

Taken some - Doesn't look like dipping

LIFT OFF

Just hit 3.5p

Excellent volume for this time of day.

Very encouraging!

I hate this share more than any share, :-))

Lol!😃

Well done, good rise today.

Another good day !

Final Results for the Year Ended 31 March 2017

"Strong growth in brand volumes and revenues delivers maiden profit"

Distil (AIM: DIS), owner of premium drinks brands including Blackwoods Gin and Vodka, RedLeg Spiced Rum, Blavod Black Vodka, Diva Vodka and Jago's Vanilla Cream Liqueur, announces its final results for the year ended 31 March 2017.

Operational review

· Sales volumes and revenues growing strongly across all trade channels
· Major distribution gains across both the On-Trade (pubs and bars) and Off-Trade (retail) including independents, wholesale and nationwide chains.
· Launch of our proprietary packaging for RedLeg spiced rum.
· Increased investment in social media reach.


Financial review

· Turnover, supported by increased marketing investment, increases 40% to £1,642k from £1,169k
· Gross profit increased 40% from £681k to £950k
· Margins maintained at 58% for the same period, year-on-year
· Other administrative expenses increased 11%
· Operating profit of £10k compared to prior year loss of £97k
· Cash reserves of £910k at 31 March 2017


Don Goulding, Executive Chairman of Distil, said:

"We are pleased to report a profit on our owned brands for the first time. This represents a major milestone in the long-term development of our business and a platform on which to grow and expand. Our performance reflects the energy and focused efforts of our small but dedicated team. This together with further increases in marketing investment and promotional activity, helped drive broader reach to a greater number of consumers in a fast-moving market

We anticipate sustained growth of premium spirits and will therefore build on our proven marketing strategies to advance our brands. In addition, we are also exploring new products to build on the success of our existing brands"

Distil announces that the Company's 2016 Annual Report & Accounts have been posted to shareholders, along with a notice of an Annual General Meeting ("AGM") to be held on 4 July 2017 at 11:00 a.m. at ONE Advisory Group Limited, 201 Temple Chambers, 3-7 Temple Avenue, London, EC4Y 0DT. Copies of the accounts and notice of AGM are available from the Company's website, www.distil.uk.com

Result of AGM

Distil plc ("the Group" or "Distil") (AIM: DIS), owner of premium drinks brands including Blavod Black Vodka, Blackwoods Gin and Vodka, RedLeg Spiced Rum and Jago's Vanilla Cream Liqueur announces that at the Annual General Meeting of the Group held earlier today all resolutions were duly passed.

Cheers all round!😃

Yes - cheers!

Well, winter will soon be here! 😃

Red Leg is Amazon's best selling rum. Quick, buy some before they put the price up. Oh and the shares too!😃

MACD just popped positive!

What! McDonalds are selling Red Leg? Fantastic! Oh, erm yes MACD not McD!😃

Trading update


Distil plc (AIM: DIS), owner of premium drinks brands RedLeg Spiced Rum, Blackwoods Gin and Vodka, Blavod Black Vodka, Jago's Cream Liqueur and Diva vodka is pleased to provide an update on trading for the first quarter of its current financial year.

We are pleased to report further strong growth in sales volumes and revenues during the first quarter (April - June 2017) in line with our expectations.

Unaudited year-on-year first quarter revenues rose by 61% and volumes grew by 81%. Sales in this first quarter include Easter promotional sales appearing in April compared to prior year when they appeared in March. To remove this phasing imbalance, we also update the six-month performance figures to 30 June 2017; year on year revenues during this period rose 46% and volumes increased by 53%.

Don Goulding, Executive Chairman of Distil, said:

" We enjoyed another excellent period of year on year growth driven mainly through sales of RedLeg Spiced Rum and Blackwoods Gin.
Our 81% volume growth ahead of sales revenue growth in the quarter largely reflects a significant 136% increase in our Blavod licensed sales, mainly through Eastern Europe and Duty Free. We remain cautious about this region due to the volatility over recent years. It is, however, the sixth month of strong, continuous growth with the cumulative calendar year tracking 106% up year on year."

Pop!

Sp on it's way back to where it should be?!

I've only just seen this - SHARE PUNT OF THE WEEK: Drinks firm Distil is already up 151% this year amid plans for global expansion

Everyone should listen to the Daily Mail!😃

Topped up again @3.4p
Busy day up to now

3.65p now! and moving north

Another (Red) leg up today!😊

A new high, but some volume would be nice!

Ramp, ramp . :-)) Not doing as well as Fever. lol

Toying with the highs again - plus volume looking promising!

Interim Results for the six months ended 30th September 2017


Distil (AIM: DIS), owner of premium drinks brands; RedLeg Spiced Rum, Blackwoods Gin and Vodka, Blavod Black Vodka, Jago's Cream Liqueur and Diva vodka, today announces its unaudited interim results for the six months ended 30th September 2017.

Operational review:

· Increased investment in marketing activity at the point of sale and events.
· Development of Blackwoods new vintage for launch in early Q4
· Investment in proprietary bottle and new packaging for Blackwoods Gin and Vodka.
· Continued growth in on-trade distribution for RedLeg Spiced Rum and Blackwoods Gin.


Financial Review - versus same period last year:

· Revenue increased by 22.8% to £0.818m (2016: £0.666m)
· Gross profit increased by 22.1% to £459k (2016: £376k)
· Volume (litres) increased by 41.3%
· Investment in brand marketing and promotion increased by 36.3% to £199k (2016: £146k)
· Other administration costs were flat
· Reduction in operating loss of 68.1% to £21k (2016: £66k)
· Cash reserves of £690k (2016: £883k)


Don Goulding Executive Chairman, commenting on these results said:


"We continued to deliver strong year-on-year growth across our brand portfolio in the six months to 30th September 2017 despite lapping prior year pipeline fill in major retailers.

During this period we increased our brand marketing investment to extend our reach directly with consumers at festivals and at the point of sale. Importantly we increased marketing funds to cover development costs of our new Blackwood's vintage and new packaging across the Blackwoods Gin and Vodka range for launch in Q4 of our fiscal year.

We are pleased to report that our key brands have outperformed each of their respective categories overall during the period."

Executive Chairman's Statement

Results

Distil's brands showed further year-on-year sales and volume growth during the period, supported by additional investment in marketing and promotion. Redleg Spiced Rum and Blackwoods Gin continued to perform strongly across all formats.

Overall volume growth at over 41% compared to revenue growth of 23% reflected a steady increase since the early part of the year in our licensed sales, particularly in Eastern Europe and Duty Free, together with a change in product and market mix across the portfolio during the period.

The strong performance of our brands together with continued tight control of overhead costs enabled a 68% reduction in operating losses during the period.

Operations

We continued to build distribution and increased consumer support at outlet level for our key brands. We also doubled the spend on consumer events and festivals year-on-year to increase product trial.

Our main operational focus has been to develop a new crafted Blackwoods Gin vintage. This will begin to appear in store and in bars in the new year as we move through inventories of the successful 2012 vintage. To maintain its premium positioning within a buoyant gin market we have also invested in updating and improving our Blackwoods Gin and Vodka packaging to coincide with this new vintage. All associated design costs have been expensed within the period.

Outlook

We have a greater number of promotional activities planned year on year for the important Q3 period and expect to remain on plan for the full year.

Q4 will see our new Blackwood's design and vintage move through the pipeline and begin to reach consumers. An updated website will showcase the new design in December.

With uncertainty around the outcome of Brexit we continue to take prudent measures to manage risk and seek further operational efficiencies.

Trading Update

Distil plc (AIM: DIS), owner of premium drinks brands RedLeg Spiced Rum, Blackwoods Gin and Vodka, Blavod Black Vodka, Jago's Cream Liqueur and Diva vodka, is pleased to report higher levels of sales during the third quarter including the important Christmas period.

Year-on-year third quarter (October to December 2017) revenues and volumes climbed by 19%, supported by a 11% increase in brand marketing investment.

Year to date sales for the nine month period April to December increased 21% in revenue and 29% in volume, with marketing investment increasing 23%. Growth in volumes ahead of revenues reflect the return to growth in Licensed sales for Blavod Black Vodka, mainly through Europe and Duty free.

Don Goulding, Executive Chairman of Distil, said:

"Our brands continued to perform well in Q3 in a highly competitive market, growing both volume and value over the prior year which included significant pipeline fill in national retailers. Major promotional activity during the quarter and a growing consumer awareness of our brands led to a strong sales performance at consumer level across all trade channels including On Trade, Off Trade and online.

During this Q3 period we also finalised our Blackwoods 2017 Vintage Dry Gin including a unique proprietary bottle, distinctive labelling and an improved gin recipe. The gin was developed together with a master distiller and a group of respected On Trade mixologists to give us what we believe to be one of the best tasting gins on the market. Shipments to our distributors in export markets and the UK begin in January. Initial trade response has been very positive and we are pleased to report increased listings in four major UK retailers amounting to an additional 520 retail outlets coming through in the spring. Our revised Blackwoods website featuring the new design launches this week. (www.Blackwoodsgin.co.uk)

With regard to exports, where possible, we are seeking to contract a sole distributor per market for the Distil portfolio of brands rather than one distributor per brand. This will help build a longer term partnership approach as well as simplifying logistics and administration. We now enjoy this arrangement with many distributors but not in all key markets - for example the USA. With conclusion of the new packaging, labelling and liquid development for Blackwoods Gin we will focus efforts on new export markets linking gin and RedLeg Spiced Rum.

In the US we revised our target distributor list to allow a combined approach and discussions are underway with a shortlist of suitable companies.

The outlook for the final quarter to the end of March 2018 remains positive with full year out-turn forecast to be in line with market expectations"

Trading Update

RedLeg listed in major UK pub chain

and

Trading update

Distil plc (AIM: DIS), owner of premium drinks brands RedLeg Spiced Rum, Blackwoods Gin and Vodka, Blavod Black Vodka, Jago's Cream Liqueur and Diva Vodka, is pleased to announce that another leading pub chain with national coverage has listed RedLeg Spiced Rum for its outlets, further increasing the brand's presence and availability throughout the UK.

We are also pleased to report continued strong growth in sales volumes and revenues during the fourth quarter (January - March 2018). Unaudited year-on-year fourth quarter revenues rose by 28% and volumes grew by 37%. Growth in volumes ahead of revenues reflect the continued growth in Licensed sales for Blavod Black Vodka, mainly through Europe and Duty free.

The Company anticipates full year performance for year ended 31 March 2018 to be in line with market expectations and we look forward to reporting our audited full year results in June 2018.

Premium gin continues to remain buoyant and Blackwoods gin is enjoying strong growth especially in the UK with a very positive response from the trade and consumers to our 2017 Vintage.

RedLeg Spiced Rum volumes and revenues continue to grow ahead of the market and showed excellent progress across both On Trade and retail markets.

Blavod Black Vodka sales volumes showed further good growth during the quarter, mainly through Duty Free and Eastern Europe.

Distil will be attending the UK Investor Show at the Queen Elizabeth II Centre, London on Saturday 21 April. Attendees can meet Directors and representatives of the Company at Stands 77 & 78 on the day.

Don Goulding, Executive Chairman of Distil, said:

"Our key brands enjoyed very good growth year on year during Q4. We continue to focus on brand building activities supported by distribution gains and are pleased with the excellent progress made to date.

We are delighted with the response to our new premium packaging and 2017 Vintage for Blackwoods Gin.

We expect premium spirits to continue to outperform the overall spirits market and are confident that our brands remain well positioned within their respective category."

Final Results for the Year Ended 31 March 2018

"Another year of strong growth supported by continued brand investment"

Distil (AIM: DIS), owner of premium drinks brands including Blackwoods Gin and Vodka, RedLeg Spiced Rum, Blavod Black Vodka, Diva Vodka and Jago's Vanilla Cream Liqueur, announces its final results for the year ended 31 March 2018.

Operational review



· Sales volumes and revenues continue to grow strongly across all trade channels

· New listings and listing extensions secured in both major UK retail multiples and pub chains

· Succcessful launch of Blackwoods new 2017 Vintage Dry Gin and proprietary packaging

· Further progress in opening up new European markets for our brands





Financial review



· Turnover, supported by increased marketing investment, increases 23% to £2,014k from £1,642k

· Gross profit increased 23% from £950k to £1,172k

· Margins maintained at 58% for the same period, year-on-year

· Other administrative expenses increased by <1%

· Operating profit of £157k compared to prior year profit of £10k

· Net operating cash inflow of £166k (2017: £(2)k) resulting in year end cash reserves of £1.03m (2017: £910k)

· Net assets of £3.01m (2017: £2.81m) at 31 March 2018





Don Goulding, Executive Chairman of Distil, said:



"We are pleased to have delivered a strong set of results with significant growth in volumes, revenue and profits, supported by investment in our brands. Importantly we were able to grow sales, drive contribution margins, invest in marketing and improve operating cash flow during the year.



Distil is growing into a stronger business with a healthier balance sheet and increasingly attractive owned brands. We look forward to building on this success though further investment in our key brands in the coming year."

Encouraging results!

Trading Update

Distil plc (AIM: DIS), owner of premium drinks brands RedLeg Spiced Rum, Blackwoods Gin and Vodka, Blavod Black Vodka, Jago's Cream Liqueur and Diva Vodka, is pleased to provide and update on trading for the first quarter of its current financial year.

Unaudited year-on-year first quarter (April - June 2018) revenues increased by 27% and volumes increased by 21%.

Due to Easter falling in April last year, sales in the first quarter of 2017 included Easter promotional activity whereas much of the Easter sales in 2018 came through in March. To remove this phasing imbalance, we are also providing the unaudited six-month performance figures to 30 June 2018; year on year revenues increased 28% and volumes increased 27% over this six-month period.

Don Goulding, Executive Chairman of Distil, said:

"Growth momentum of our key brands continues at a healthy pace, supported by marketing and promotional activities at the point of sale. The gin and rum markets remain buoyant. Our brand performance within these categories is strong and in line with our expectations."

Slow progress but progress nevertheless! I'll raise a responsibly filled glass of Blackwoods Gin to that !😊

Distil Plc ("the Company")

Result of Annual General Meeting

Distil Plc announces that, at its annual general meeting held earlier today, all resolutions were duly passed.

Starting to look interesting again.

It's what they call a spirited rise skinny!😃 It was tipped as a buy yesterday by, I think, Investor's Champion, whoever that is!

🥂

Interim Results

Interim Results for the six months ended 30th September 2018

Distil (AIM: DIS), owner of premium drinks brands; RedLeg Spiced Rum, Blackwoods Gin and Vodka, Blavod Black Vodka, Jago's Cream Liqueur and Diva Vodka, today announces its unaudited interim results for the six months ended 30th September 2018.

Operational review:

· New listings achieved in France and Canada

· Increased investment in marketing support at point of sale

· Development of new gift packaging and miniature bottle formats

· Implementation of operational cost savings

Financial Review - versus same period last year:

· Revenue increased by 42.3% to £1.164m (2017: £0.818m)

· Gross profit increased by 54.7% to £710k (2017: £459k)

· Volume (litres) increased by 30.7%

· Investment in brand marketing and promotion increased by 56.8% to £312k (2017: £199k)

· Other administration costs increased by 9.7% to £293k (2017: £267k)

· Operating profit of £101k (2017: loss £21k)

· Cash reserves of £957k (2017: £690k)


Don Goulding Executive Chairman, commenting on these results said:


"The strong growth momentum enjoyed in the previous financial year has continued into the six months to 30 September 2018 and I am pleased to report healthy year-on-year increases in revenue, profit and cash.

Investment in marketing support increased ahead of sales as we continued to build our brands. Additional funds were also used to develop gift packaging for RedLeg Spiced Rum and Blackwoods Gin, ready for launch ahead of the Christmas trading period, together with a range of miniature bottle formats.

Operational improvements together with significant volume growth during the period have assisted gains in gross profit margin and contribution margin.

We have also ensured all planned measures to maximise benefits and offset possible risks relating to the UK exit from the EU have been finalised and fully implemented, well ahead of the anticipated date of March 2019."

Executive Chairman's Statement

Results versus same period last year

We delivered further year-on-year sales and volume growth across our brands during the period. Sales revenue advanced 42% whilst combined case volume grew 31% despite a decline of Blavod licensed sales in Eastern Europe. RedLeg Spiced Rum and Blackwoods Gin delivered particularly strong performances across the retail segment.

Gross Profit margin improved to 61% from last year's previous high of 56% whilst brand marketing investment increased by 57%, feeding through to an improved contribution margin of 34%, up from 32% in the same period last year.

Our strong brand performance, operational improvements and continued tight control of overheads enabled us to deliver a maiden first half profit during the period.

Operations

Having a strong consumer promotional programme in place, our main focus during the first half has been to work with our production and packaging partners to ensure efficient and cost effective supply to our customers and distributors especially during the unusually hot summer which resulted in higher than usual promotional demand spikes.


During this time, we maintained supply throughout and improved margins.

Outlook

The important Christmas trading period is always aggressively contested but likely to be particularly competitive this year within the Spirits market as all categories fight to regain market share from gin. In the growing gin category, we are likely to see the variety of new brands and flavours competing for distribution, trial and share.

Our promotional plans are in place supported by additional PR and social media campaigns, new cocktail recipes together with new premium gift packaging for Blackwoods Gin and RedLeg Spiced Rum, details of which will be shown on our websites in early November.

Blackwoods Gin Gift Set

Going away for a couple of days skinny so don't send it until I get back!😃

:-)

Trading Update

Distil plc (AIM: DIS), owner of premium drinks brands RedLeg Spiced Rum, Blackwoods Gin and Vodka, Blavod Black Vodka, Jago's Cream Liqueur and Diva vodka, is pleased to report higher levels of sales during the third quarter ending 31 December including the important Christmas period.

Year-on-year third quarter (October to December 2018) revenues and volumes increased by 29%, supported by a 53% increase in brand marketing investment.

Year to date sales for the nine-month period April to December increased 36% in revenue and 30% in volume, with marketing investment increasing 51%.

Don Goulding, Executive Chairman of Distil, said:

"Our brands continued to perform well in Q3, growing volume and value across all trade channels in a highly competitive market.

We increased marketing investment in promotional activity over the Christmas period to build stronger consumer awareness, trial and purchase of our key brands.

Early reports from major customers indicate good year-on-year sales in the four weeks running up to Christmas, although consumers appeared to leave many purchases and celebrations until late in the month.

The outlook for the final quarter to 31 March 2019 remains positive with full year out-turn expected to be in line with market expectations."

Not brilliant but not bad either. Market not too keen at the moment!