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Stock Spirits 'Demonstrates Resilience' To Report 6.9% Revenue Gain In Full-Year

Published on Dec 3 2020 9:59 AM in Drinks tagged: Trending Posts / Czech Republic / Poland / Vodka / Stock Spirits / Paywall

Stock Spirits 'Demonstrates Resilience' To Report 6.9% Revenue Gain In Full-Year

The chief executive of drinks firm Stock Spirits has said that the business "delivered a resilient performance against the backdrop of a hugely challenging year", as it reported a 6.9% increase in revenue in the year to 30 September.

The company, which is the number two vodka player in Poland and number one spirits firm in the Czech Republic, saw underlying volumes up 1.8% for the year and adjusted EBITDA up 4.6%, despite the impact of the COVID-19 pandemic, it said

The group, which typically generates around 15% of its sales from the on-trade, said that it continued to trade uninterrupted during the crisis, without needing to call on furlough schemes or other government assistance.

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