Distell (DGH) Results Snapshot 1H22

Diluted HEPS 715cps (+17.0% from 1H21). Turnover growth +15.8% y-y, and turnover volumes 12.1% higher. Revenue growth driven by domestic market with revenue up by
22.9% and volumes up 15.4%. GPM down by 10bps to 28.6% and operating margin down by 80bps to 12.8%. Expenses to sales increased to 16.3% from 15.7% in 1H21. CAPEX to sales up 120bps to 4.1%.
No dividend declared.