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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Distil PLC Fundamentals

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.