Distil plc (GB:DIS) has released an update.
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Distil plc, the owner of premium drinks brands, has reported a significant 55% revenue decrease in the first four months of the current financial year, with revenues dropping to £204k. Despite the initial poor performance and a challenging global alcohol market, the company remains optimistic about achieving growth by the year’s end. Executive Chairman Don Goulding has highlighted strategies to increase brand engagement and is exploring funding options to address immediate financial needs.
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