tiprankstipranks
Artisanal Spirits Company Sees Profitable Start to FY24
Company Announcements

Artisanal Spirits Company Sees Profitable Start to FY24

Artisanal Spirits Company PLC (GB:ART) has released an update.

Artisanal Spirits Company PLC has reported a robust start to FY24 with a Q1 EBITDA rise of over £0.5m, surpassing expectations and maintaining a steady SMWS membership base. The recent acquisition of Single Cask Nation is successfully boosting the company’s US market presence, contributing to an upbeat sales performance and aligning with ASC’s growth ambitions. The company remains confident in achieving its full-year EBITDA target of £1m, supported by a positive Q2 outlook.

For further insights into GB:ART stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskArtisanal Spirits Company Optimizes Whisky Inventory
TipRanks UK Auto-Generated NewsdeskArtisanal Spirits Company Announces Upcoming Update
TipRanks UK Auto-Generated NewsdeskArtisanal Spirits Director Boosts Shareholding
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!