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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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.