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Savanna and spirits “rampant” for Distell in fiscal-2022 – results data

Intel Reporter
Last updated: 26/08/2022 at 12:27 PM
By Intel Reporter
26 August 2022
1 Min Read

Distell looks to be in good shape ahead of the closure of its takeover by Heineken in the coming months as fiscal-2022 sales trumped pre-pandemic levels.


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Twelve-month sales increase 20.8% to ZAR34.13bn (US$2.03bn)Top line in year to end of June up 18.3% compared to pre-COVID fiscal-2019Acquisition by Heineken on course to complete later this year Distell looks to be in good shape ahead of the closure of its takeover by Heineken in the coming months as fiscal-2022 sales trumped pre-pandemic levels. The South Africa-headquartered multi-category group saw sales in the 12 months to the end of June come in almost 21% up on the corresponding period a year earlier. Flagship cider brand Savanna partnered with the spirits portfolio to prompt glas

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