Blavod firm Distil reports 19% sales increase
Blackwoods gin and Blavod vodka producer Distil has reported a 19% increase in revenue and volume sales in the last quarter of 2017.
Sales in the first nine months of its financial year, from April to December, were up 21% by value and 29% in volume.
Chief executive Don Goulding said: “Our brands continued to perform well in Q3 in a highly competitive market, growing both volume and value over the prior year which included significant pipeline fill in national retailers.
“Major promotional activity during the quarter and a growing consumer awareness of our brands led to a strong sales performance at consumer level across all trade channels including on-trade, off-trade and online.”
He said new listings were in the offing for Blackwoods 2017 Vintage Dry gin, the launch of which was revealed in November.
“Shipments to our distributors in export markets and the UK begin in January,” he said. “Initial trade response has been very positive and we are pleased to report increased listings in four major UK retailers amounting to an additional 520 retail outlets coming through in the spring.
“The outlook for the final quarter to the end of March 2018 remains positive with full year out-turn forecast to be in line with market expectations.”
Distil’s spirits portfolio also includes Red Leg rum, Jago’s cream liqueur and Diva vodka.