DGH trend to watch
Updated
This trend is changing might be after results release
The restricted export of Amarula from South Africa also contributed to overall revenues and volumes declining by 10.3% and 15.4% respectively. Distell’s International Spirits business proved buoyant, with positive volumes and revenues recorded in the fiscal period.
Overall, as a result of the above, Distell said that group revenues to date contracted by 15.4%, alongside reduced volumes of 23.3%.
“Whilst this period has been challenging, the pandemic has also presented a significant opportunity for the group to re-align its business model to shifts in consumer behaviour and economic impact,
The restricted export of Amarula from South Africa also contributed to overall revenues and volumes declining by 10.3% and 15.4% respectively. Distell’s International Spirits business proved buoyant, with positive volumes and revenues recorded in the fiscal period.
Overall, as a result of the above, Distell said that group revenues to date contracted by 15.4%, alongside reduced volumes of 23.3%.
“Whilst this period has been challenging, the pandemic has also presented a significant opportunity for the group to re-align its business model to shifts in consumer behaviour and economic impact,
Note
clearly this should be watched ,this might be stronger that what it appeared.
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