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Distil hit by Q3 revenue slide despite strong consumer demand for RedLeg

Story Highlights
  • Distil’s Q3 revenues and distributor volumes fell sharply, despite strong consumer sales.
  • The group grows exports, secures new listings and presses on with brand-building amid sector headwinds.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Distil hit by Q3 revenue slide despite strong consumer demand for RedLeg

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An announcement from Distil plc ( (GB:DIS) ) is now available.

Distil reported a weak third quarter to 31 March 2026, with revenues down 26% to £173,000 and distributor volumes falling 39%, even as consumer-level sales of its flagship RedLeg brand in major grocery channels rose 36% year-on-year, supported by sharp price promotions and the rollout of new packaging. The company said the disconnect between strong retail sell-out and lower reported sales reflects stock that distributors built up ahead of Christmas in the previous quarter and broader efforts across the supply chain to run leaner inventories, while export revenues rose from a small base and it secured US regulatory approval for Blavod and a key on-trade listing for Blackwoods with Scottish bar group Buzzworks. Management highlighted continued headwinds from inflation and rising UK alcohol duty, especially in hospitality, and signalled that its strategic review and cost measures remain ongoing as it looks to maximise shareholder value and capitalise on consumer momentum, including the imminent opening of the Blackwoods Brand Home.

The most recent analyst rating on (GB:DIS) stock is a Hold with a £0.13 price target. To see the full list of analyst forecasts on Distil plc stock, see the GB:DIS Stock Forecast page.

Spark’s Take on GB:DIS Stock

According to Spark, TipRanks’ AI Analyst, GB:DIS is a Neutral.

The score is driven mainly by weak financial performance (multi-year losses and ongoing cash burn) and bearish technicals (price below key moving averages with negative MACD). Corporate updates provide some strategic positives and funding support, but they do not yet outweigh the current profitability and cash-flow risks; valuation is also constrained by loss-making results and no dividend.

To see Spark’s full report on GB:DIS stock, click here.

More about Distil plc

Distil plc, listed on AIM, is a premium drinks company whose portfolio includes RedLeg Spiced Rum, Blackwoods Gin and Vodka, and Blavod Black Vodka, targeting both UK grocery and on-trade channels as well as export markets. The group has been investing in packaging refreshes, new listings and an EU distribution solution, and is developing the Blackwoods Brand Home as part of its brand-building strategy.

Average Trading Volume: 21,026,682

Technical Sentiment Signal: Sell

Current Market Cap: £2.69M

For a thorough assessment of DIS stock, go to TipRanks’ Stock Analysis page.

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