Distell grows revenue by a fifth as it awaits Heineken sale
SA’s largest liquor producer reports increase in profit for year to end-June as lockdown eases
25 August 2022 - 09:30
UPDATED 25 August 2022 - 19:45
Distell, waiting for regulatory approval for its sale to brewer Heineken, grew revenue more than a fifth in its 2022 year, benefiting from easing lockdown and improving demand for cider and wine in Africa.
SA’s largest liquor producer, with brands including JC Le Roux, Hunter’s and Klipdrift, reported revenue growth of 20.8% to R34.1bn to end-June, and volume rising 17.6% and profit 21.7% to R2.43bn...
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