By Iain Gilbert
Date: Monday 20 Jan 2020
LONDON (ShareCast) - (Sharecast News) - Alcoholic beverages manufacturer Distil report higher levels of sales during its third trading quarter on Monday, including the important Christmas period.
Distil said revenues increased 7% year-on-year in the three months ended 31 December, supported by continued levels of up weighted marketing investment.
However, as the AIM-listed firm pointed out in its interim statement, year-to-date sales decreased 13% in revenue and volume, with marketing investment rates maintained.
Chairman Don Goulding said: "Our key brands performed well in Q3, growing volume and value in a highly competitive and changing market place.
"The outlook for the final quarter to 31 March 2020 remains positive with full-year profit out-turn expected to be ahead of last year and broadly in line with market expectations"
As of 1225 GMT, Distil shares had shot up 10% to 0.77p.
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Currency | UK Pounds |
Share Price | 0.45p |
Change Today | -0.100p |
% Change | -18.18 % |
52 Week High | 0.75 |
52 Week Low | 0.38 |
Volume | 2,339,654 |
Shares Issued | 905.11m |
Market Cap | £4.07m |
Value |
---|
Price Trend |
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Income |
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Growth |
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No dividends found |
Time | Volume / Share Price |
16:24 | 21,367 @ 0.42p |
15:31 | 11,573 @ 0.41p |
13:48 | 250,000 @ 0.48p |
12:37 | 10,379 @ 0.49p |
12:32 | 100,000 @ 0.49p |
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