Published on: June 14, 2021
Delivering strong growth
Distil has delivered a strong set of results in FY21 despite the unprecedented challenges thrown up by the Covid pandemic. It rose admirably to the significant challenges and disruptions of channel shift within the drinks industry, disjointed supply chains and new working practices. Distil delivered a 34% increase in profit before tax to £243K (from £182K) and a 24% increase in net cash to just under £1.1m, as well as successfully launching a new brand, TRØVE, into a new market segment and adding range extensions for its leading RedLeg Spiced Rum brand.