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.

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