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DISTIL (DIS) investor relations material
DISTIL H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary23 Oct, 2025
Executive summary
Achieved successful transition to new UK distributor, securing over 200 new distribution points and relaunching Blavod Black Vodka in the US market.
Q2 revenues rebounded 269% over Q1, driven by re-orders, and remained flat year-on-year, outperforming the overall spirits market.
Operational focus on cost management, supply chain resilience, and efficiency amid inflationary pressures.
Financial highlights
Six-month revenue decreased 20% year-over-year to £313k; gross profit down 15% to £135k.
Q2 revenue flat at £246k; gross profit up 18% to £123k; gross margin rose to 50% from 42%.
Loss before tax reduced to £510k from £555k year-over-year.
Administrative costs fell 6% to £506k; staff costs down 12% to £265k.
Basic and diluted loss per share improved to (0.06)p from (0.08)p.
Outlook and guidance
H2 focus on promotional support during Christmas and opening of Blackwoods Brand Home.
Expected US shipments of Blavod delayed due to regulatory issues; mitigation efforts ongoing.
Cautious optimism as consumer confidence shows early signs of recovery.
Blavod US relaunch: Mitigate shipment delays?
Sustain Q2 gross margin improvements?
Ardgowan CLN conversion plans?
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