Source - SMW
Distil saw  further strong growth in sales volumes and revenues during the first quarter (April - June) in line with its expectations.

Distil - the  owner of premium drinks brands RedLeg Spiced Rum, Blackwoods Gin and Vodka, Blavod Black Vodka, Jago's Cream Liqueur and Diva vodka - said unaudited year-on-year first quarter revenues rose by 61% and volumes grew by 81%.

 Sales in this first quarter included Easter promotional sales appearing in April compared to prior year when they appeared in March. 

It said: "To remove this phasing imbalance, we also update the six-month performance figures to 30 June 2017; year on year revenues during this period rose 46% and volumes increased by 53%."    Executive chairman Don Goulding said: "We enjoyed another excellent period of year on year growth driven mainly through sales of RedLeg Spiced Rum and Blackwoods Gin. 
 
"Our 81% volume growth ahead of sales revenue growth in the quarter largely reflects a significant 136% increase in our Blavod licensed sales, mainly through Eastern Europe and Duty Free. 

"We remain cautious about this region due to the volatility over recent years. 

"It is, however, the sixth month of strong, continuous growth with the cumulative calendar year tracking 106% up year on year."