Africa Investment Forum

Distell impresses with strong H1 earnings

PUBLISHED: Fri, 01 Mar 2019 15:05:54 GMT

Distell has managed to increase its headline earning per share by 12.1 per cent to 570 cents per share despite water restrictions and lower harvest production in South Africa. The maker of spirits and fine wines managed to reduce its debt to equity ratio from 32.5 per cent in 2017 to 19.3 per cent this year. Distell CEO, Richard Rushton joins CNBC Africa for more.

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.