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BLAVOD EXTREME SPIRITS PLC
08 January 2008
Blavod Extreme Spirits PLC is pleased to give a preliminary update on Christmas trading.
In the three months ending 31 December the number of cases of spirits sold increased by a further 18% compared to the same period the year before, resulting in a total increase in the 9 months of the current financial year of 27% versus the same period a year ago. Blavod Black Vodka case sales increased by 21% in the three months, which represents a significant increase in performance compared to the 6% volume growth previously announced in the first half year. Duty Free worldwide continued to provide the strongest growth driver for the brand.
Margins and overheads in the UK business are expected to remain at levels similar to last year.
The Board expect the current trends to continue in the remaining three months of the fiscal year.
For further information, please contact:
Blavod Extreme Spirits plc
Richard Ambler (Managing Director) 0207 352 2096
Brewin Dolphin (Nominated Adviser)
Neil Baldwin/Alison Barrow 0845 270 8600
ENDS
END
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