Distell volumes fall by about a quarter
The liquor group expects a sharp drop in its profits in its year to end-June
30 June 2020 - 11:03
Distell, the maker of the Savanna, Hunter’s Dry and Nederburg brands, says it has seen a spike in demand in SA as restrictions on selling of alcohol have eased, but volumes remain down about a quarter year on year.
From July 1 2019 to the end of June 2020, its SA revenue was down by 18.3% and volumes by 25.6%, the liquor group said in a trading statement...
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