Distil – as I warned, trading “considerably softer than expected”. It’s now cash crunch AHOY!

Alcohol drinks brands company Distil (DIS) has issued a “Trading Statement” including noting revenue decline but with Executive Chairman Don Goulding commencing “the business had anticipated lower sales in the first four months of the year due to phasing trends”, but then following with “however the results achieved sit below expectations”. With I previously noting financial outlook concerns, just how bad is the situation now?…

Distil (#DIS) – 4 months revenue down to just £0.204m, blaming “phasing trends”, “created an immediate short-term funding need”!

Distil – after in January “confident that we can continue to build on this growth in Q4”, now announces a Q4 sales slump!

RedLeg Spiced Rum, Blackwoods Gin and Vodka, TRØVE Botanical Vodka and Blavod Black Vodka brands owner Distil plc (DIS) has issued a trading update including noting full-year “double-digit growth” and that “the team has been working diligently to set us up in a strong position to continue to build on this growth in the coming months”. So why currently a 12% lower to 0.55p share price?

Distil (#DIS) – Q4 trading slump, notes spirits market “challenging” outlook

Distil – trading slump and further financials decline, management fooling themselves or trying to fool everyone else?

Previously writing on alcoholic drinks company Distil (DIS), in October as the falling shares saw the market cap down to below £6 million I cautioned still due to stated “opportunity for new growth” and “a new, highly effective distributor” having to be proven and amidst an admitted backdrop of macro uncertainty and cost pressures. The last closing market cap was just above £6 million… but then today a “trading update”.

Distil – interims, being cautious of the trading and financials correct?

Previously writing on alcoholic drinks company Distil (DIS), in July with the shares down to 1.15p I concluded that I remained cautious of the trading and financials here and continued to avoid. The shares last closed at 1.05p but are currently falling materially further on the back of half-year results.

Distil – trading slump, stated to ‘largely reflect’ UK business “remodelling”. Why are we only told now?!

Previously writing on alcoholic drinks company Distil (DIS), in April with the shares at 1.4p I questioned ‘pleased to announce campaign to further build RedLeg spiced rum, how’s the balance sheet now?’. The shares last closed at 1.35p but are currently 1.15p, a £7.9 million market cap, on the back of a trading update, so what’s the position now?

Distil – “pleased to announce” campaign to further build RedLeg spiced rum, how’s the balance sheet now?

Alcoholic drinks company Distil (DIS) has announced a campaign for its RedLeg Spiced Rum which it emphasises it is “confident… will continue to build on the success of the brand”. What of a current 1.4p share price, £9.6 million market cap here?

Distil – how ‘pleasing’ really is its trading update?...

Alcoholic drinks company Distil (DIS) states that it “is pleased to provide an update on trading for the financial quarter ended 31 March 2022”, but what of the shares currently responding approaching 17% higher to 1.4p?...

Distil – trading slump for ‘longer-term more premium positioning’, Or is it?...

RedLeg Spiced Rum, Blackwoods Gin and Vodka, TRØVE Botanical Vodka and Blavod Black Vodka drinks company Distil (DIS) has announced “a longer-term beneficial move to more premium positioning for our key brands” and “we have also progressed our new Malt Scotch and anticipate formally launching the product in the coming months… we remain excited about the Ardgowan investment”. Why then a current share price response to 1.65p, approaching 11% lower?...

Distil – “pleased to announce” interims, so why are the shares more than 12% lower?...

RedLeg Spiced Rum, Blackwoods Gin and Vodka, TRØVE Botanical Vodka and Blavod Black Vodka drinks company Distil (DIS) states that it “is pleased to announce” its results for its half-year ended 30th September 2021. So why have the shares currently responded more than 12% lower to 1.80p?...

Distil – argues a ‘delighted to announce agreement and partnership’, so why share price decline?...

Previously writing on drinks brands owner Distil (DIS), last week with the shares at 2.4p I concluded that the valuation looked high enough until some further sustained revenue and bottom-line impact is delivered. Today the company is “delighted to announce our agreement and partnership with Ardgowan which we see as a fantastic opportunity to add significant growth to the business in both the short and long term” and the shares have responded...further lower to 2.15p! Why?...

Distil – Q1 update, are the figures “particularly encouraging”?...

Owner of premium drinks brands RedLeg Spiced Rum, Blackwoods Gin and Vodka, TRØVE Botanical Vodka, Blavod Black Vodka, Jago's Cream Liqueur and Diva Vodka, Distil plc (DIS) “is pleased to provide an update on trading for the first quarter of its current financial year” and the shares have responded up to 2.4p. What does the value proposition look like from here?...

Distil (#DIS) – Q1 revenue +10%, expects its brands to benefit over the summer and beyond

Distil – full-year results, further potential?

Despite covid response-related inefficiencies and challenges, alcohol drinks brands owner Distil plc (DIS) is “pleased to report another year of increased profit, revenue growth and continued investment in our brands” and the shares have currently responded up to 2.40p. Is there further potential?...

Distil – full-year trading update, how positive is the outlook?...

Previously writing on alcohol drinks brands company Distil (DIS) I noted I’d want to see sustained meaningful positive impact from the ‘up-weighted marketing investment’ to reconsider my cautious stance. What then from a now “pleased to provide” trading update for its year ended 31st March 2021?...

Distil – revenue up, shares up, profit?...

Alcohol drinks brands company Distil (DIS) has made a “Trading update and new product launch” announcement including “despite relatively muted Christmas and New Year celebrations, revenue increased by 22% year-on-year” in the quarter – and the shares have continued recent upwards momentum, to 2.35p...

Distil – emphasises revenue growth… but value?

Owner of RedLeg Spiced Rum, Blackwoods Gin and Vodka, Blavod Black Vodka, Jago's Cream Liqueur and Diva Vodka drinks brands, Distil (DIS) “is pleased to provide an update on trading for the first quarter of its current financial year” – and the shares have currently responded to 1.2p, more than 9% higher...

Distil (#DIS) – updates including “a significant increase in demand for our products at the consumer level”

Distil (#DIS) – jv & collaboration with British Honey Company Limited, cost to see FY profit “marginally below current market expectations”