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Stock Spirits Group PLC (STCK.L)

STCK.L on London Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Stock Spirits Says FY Revenue Up 5.2%
Wednesday, 7 Mar 2018 02:01am EST 

March 7 (Reuters) - Stock Spirits Group Plc ::FY REVENUE ROSE 5.2 PERCENT TO 274.6 MILLION EUR.FY REVENUE UP 5.2% TO EUR 274.6 MILLION.‍FY ADJUSTED EBITDA +9.7% TO EUR 56.3 MILLION​.SAYS PROPOSED FINAL DIVIDEND OF 5.72 EUR CENTS PER SHARE.FY ‍TOTAL SALES VOLUME INCREASE OF 6.5% TO 13.1 MILLION 9 LITRE CASES​.SAYS "CONTINUE TO FEEL WELL POSITIONED TO ACHIEVE SUSTAINABLE LONG-TERM GROWTH".STOCK SPIRITS - ‍DIVIDEND POLICY REVISITED, MOVING FROM 35% OF NET FREE CASH FLOW APPROACH OUTLINED AT IPO, IN FAVOUR OF PROGRESSIVE DIVIDENDS WHERE CASH FLOW PERMITS​.  Full Article

Stock Spirits Says FY Was Slightly Ahead Of Expectations
Tuesday, 9 Jan 2018 02:00am EST 

Jan 9 (Reuters) - Stock Spirits Group Plc ::‍OVERALL TRADING SINCE HALF-YEAR RESULTS ANNOUNCED IN AUGUST, AND THEREFORE FOR FULL-YEAR ENDED 31 DECEMBER 2017, WAS SLIGHTLY AHEAD OF EXPECTATIONS​.‍GROUP CASH FLOW FOR YEAR WAS STRONG, RESULTING IN NET DEBT AT 31 DECEMBER 2017 OF CIRCA EUR 53M (2016: EUR 60M)​.‍MARKETS OF POLAND AND CZECH REPUBLIC DELIVER SOME THREE-QUARTERS OF OUR REVENUE. THESE MARKETS CONTINUED TO SHOW GROWTH IN VOLUME.‍GROUP CASH FLOW FOR YEAR WAS STRONG, RESULTING IN NET DEBT AT 31 DECEMBER 2017 OF CIRCA EUR 53M (2016: EUR 60M)​.  Full Article

Stock Spirits says Lesley Jackson to retire as CFO
Wednesday, 9 Aug 2017 02:00am EDT 

Aug 9 (Reuters) - STOCK SPIRITS GROUP PLC :LESLEY JACKSON, CHIEF FINANCIAL OFFICER, HAS INFORMED BOARD OF HER INTENTION TO RETIRE.LESLEY JACKSON WILL STEP DOWN AS DIRECTOR OF COMPANY ON 7 NOVEMBER 2017 AND LEAVE COMPANY WITH EFFECT FROM 8 AUGUST 2018.APPOINTMENT OF PAUL BAL AS CHIEF FINANCIAL OFFICER TO SUCCEED LESLEY.PAUL BAL WILL JOIN BOARD IN NOVEMBER 2017.  Full Article

Stock Spirits posts H1 profit after tax 11.7 mln euros
Wednesday, 9 Aug 2017 02:00am EDT 

Aug 9 (Reuters) - STOCK SPIRITS GROUP PLC :H1 REVENUE ROSE 3.3 PERCENT TO 119.8 MILLION EUR.HY TOTAL REVENUE 119.8 MILLION EUROS VERSUS 116 MILLION EUROS YEAR AGO.HY OPERATING PROFIT 16.5 MILLION EUROS VERSUS 12.5 MILLION EUROS YEAR AGO.HY PROFIT AFTER TAX 11.7 MILLION EUROS VERSUS 8.4 MILLION EUROS YEAR AGO.DECLARED INTERIM DIVIDEND OF 2.38 EUROS PER SHARE.SAYS RECONFIRM GUIDANCE ON EXPECTED EBITDA MARGIN IN POLAND FOR FULL YEAR AS BETWEEN 26% AND 27% MILLION EUROS VERSUS 12.5 MILLION EUROS YEAR AGO.  Full Article

Stock Spirits enters pact with Quintessential Brands Group​
Monday, 17 Jul 2017 02:00am EDT 

July 17 (Reuters) - Stock Spirits Group Plc :Says ‍entered into agreements with Quintessential Brands Group​.Deal for acquisition of 25 percent equity interest in Quintessential Brands Ireland Whiskey Ltd for cash consideration of up to EUR 18.3 million​.Says ‍transaction is expected to be earnings enhancing to shareholders in year four​.Says ‍assets and results of QBIW will be equity-accounted for post investment​.Says ‍consideration will comprise an initial cash payment of EUR 15 million for 25 percent equity interest​.says ‍consideration will comprise deferred cash consideration of up to EUR 3.3 million, payable over a five year period​.Says ‍deferred consideration will be subject to certain performance conditions​.Says co will finance both initial and deferred cash consideration, if payable, using undrawn debt facilities​.  Full Article

Stock Spirits says expectations for trading for full year remain unchanged
Tuesday, 23 May 2017 02:00am EDT 

May 23 (Reuters) - Stock Spirits Group Plc ::Issues a trading update for period from 1 January 2017 to 23 May 2017.Performance so far this year has been satisfactory.Expectations for trading for full year remain unchanged and in line with current market expectations.In Q1 vodka market in poland recorded a slight decline in both value (-1.0%*) and volume (-1.5%*).  Full Article

Stock Spirits Group says FY revenue fell 0.6 percent
Wednesday, 8 Mar 2017 02:25am EST 

Stock Spirits Group Plc : FY revenue fell 0.6 percent to 261 million EUR . FY net sales revenue down 0.6% to EUR 261.0 million . Proposed final dividend of 5.45 EURO cents per share 2016 . FY operating profit EUR operating profit has decreased to EUR 40.1m from EUR 41.7m in 2015 million versus EUR 41.7 million year ago .Final dividend will be paid on 26 May based on record date of 5 May 2017.  Full Article

Stock Spirits says trading in full-year ended Dec 31 in line with expectations
Wednesday, 11 Jan 2017 02:00am EST 

Stock Spirits Group Plc : Pre close trading update . Today provides a pre-close trading update for full-year ended 31 december 2016. . Overall trading in second half of 2016, and therefore for full-year ended 31 december 2016, was in line with expectation . Polish vodka market continued to show growth in both volume and value terms (source: Nielsen Ytd Nov 2016) . Our polish business has performed well in highly competitive trading conditions and continues to make progress on root and branch initiatives. .Group cash flow for year was strong, resulting in net debt at 31st December 2016 of circa eur 60m (2015: eur 57.2m)..  Full Article

Stock Spirits buys three spirits brands from Bohemia Sekt for eur 5 mln
Wednesday, 12 Oct 2016 06:51am EDT 

Stock Spirits Group Plc : Acquisition .Announce acquisition of three spirits brands from bohemia sekt s.r.o for eur 5 million to further strengthen business in czech republic.  Full Article

BRIEF-Stock Spirits Says FY Revenue Up 5.2%

* FY ‍TOTAL SALES VOLUME INCREASE OF 6.5% TO 13.1 MILLION 9 LITRE CASES​