Consumer & Retail

Distil plc

Market Cap (£m) 9.3
Listing AIM

Analysts

Company Description

Distil's primary activities are the development, marketing and selling of a portfolio of proprietary alcoholic spirit brands. The company is in essence a brand incubator within the global spirits industry. Distil markets and sell its brands in a number of international markets including the UK, USA, Canada, Germany, France, Spain, Russia and Australia. Its leading brands are RedLeg Spiced Rum and Blackwoods Gin, both of which comprise several product variants. Other group brands include Blackwoods Vodka, Diva Vodka and Blavod Black Vodka, the latter made under licence in Europe. The latest portfolio addition is a range of vodkas distilled with real fruits and botanicals, with a lower ABV (alcohol by volume) strength of 30%, under the TRØVE brand.

Investment Summary

Distil's strategy is focused on the high value-added development and incubation of its premium owned brands, with the manufacture of its liquids outsourced to third-party producers. These brands are marketed domestically and internationally, with a view to attracting commercial interest from larger industry players. Distil delivers growth through two principal routes, namely increasing the distribution of existing products (through both on-trade and off-trade channels) and new product development (NPD). Distil's NPD activities take several forms: the creation of a new spirit/brand; the introduction of new flavour variants within a brand; new packaging/formulations. The best example of the latter is Distil’s collaboration with Franklin & Sons to produce canned, pre-mixed drinks of its spirits with Franklin’s mixers for the Ready to Drink (RTD) market segment.

Recent Content

    A strong Q4 performance delivered

    06/04/2022

    Distil delivered a strong final quarter (Q4) for the FY22E financial year to end March 2022, as anticipated […]

    Trading update…

    17/01/2022

    Distil’s trading update continues to reflect the impact of distortions from Covid-related lockdowns and consumer stockpiling. The company […]

    Interim Results – Strategic investment in Ardgowan

    19/10/2021

    Distil faced very tough sales comparatives in H1 against the exceptional prior year performance (+128%), driven by the […]

    An encouraging start

    12/07/2021

    Distil has delivered a positive start to the FY22E year with both revenues and volumes posting good growth […]

    Delivering strong growth

    14/06/2021

    Distil has delivered a strong set of results in FY21 despite the unprecedented challenges thrown up by the […]

    Another year of strong sales growth

    15/04/2021

    Distil’s full-year trading update for FY21 bears witness to strong sales and EBITDA growth, despite the challenges presented […]

    A strong Q3 trading performance

    13/01/2021

    In its key trading quarter, Distil has delivered a strong year-on-year revenue increase of 22%, despite 2020’s relatively […]

    Showing strength in testing times

    16/10/2020

    Distil has reported an impressive H1 performance against a backdrop of volatility and other challenges resulting from the […]

    A solid trading performance

    30/06/2020

    Distil delivered a solid trading performance in FY20, despite uncertainties caused by the impact of external events in […]

    A strong final quarter….

    09/04/2020

    Distil has published its Q4 trading update, confirming a strong finish to FY20E and outperforming the wider UK […]

    Glad Q3 tidings …..

    20/01/2020

    Distil has performed strongly in its core Q3 trading period covering October to December despite a backdrop of […]

More Content

Company Management Team

  • Don Goulding

    Executive Chairman

    Don joined the Distil Board mid 2010 as Non-Executive Director moving to Non-Executive Chairman in February 2011 and Executive Chairman in November 2011. Previously held both UK and international senior management roles with Diageo including Managing Director Diageo UK from 1998, following five years in Spain as Managing Director UD Iberia (Diageo) other roles included positions based in various overseas markets and Global Brand Boards for Smirnoff and Tanqueray-Gordon and Chairman of The Portman Group.

  • Shaun Claydon

    Finance Director

    Shaun joined the Distil Board in 2015 as part time Finance Director.  He is a qualified chartered accountant, corporate financier and CFO with over 18 years lead advisory and main board experience. He has particular expertise in bringing companies to AIM and the Main Market. Shaun has previously held advisory roles at PwC, Evolution Securities, BDO and HSBC Investment Banking and has also recently served as CFO to two venture backed International Life Science companies. 

Key Dates

Jun 2019
10th
Finals
Actual
Jul 2019
4th
Q1 TU
Actual
Oct 2019
24th
Interims
Actual
Jan 2020
20th
Q3 TU
Actual
Apr 2020
9th
Q4 TU
Actual
Jun 2020
29th
Finals
Actual
Jul 2020
8th
Q1 TU
Actual
Aug 2020
28th
AGM
Actual
Oct 2020
15th
Interims
Actual
Jan 2021
12th
Q3 TU
Actual
Apr 2021
14th
Q4 TU
Actual
Jun 2021
14th
Finals
Actual
Jul 2021
12th
Q1 TU
Actual
Jul 2021
15th
AGM
Actual
Oct 2021
19th
Interims
Actual
Jan 2022
17th
Q3 TU
Actual
Apr 2022
6th
Q4 TU
Actual
Jun 2022
14th
Finals
Estimate
Jul 2022
12th
Q1 TU
Estimate
Oct 2022
19th
Interims
Estimate
Jan 2023
17th
Q3 TU
Estimate
Apr 2023
6th
Q4 TU
Estimate