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.

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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!😃