
African Distillers Limited has released its trading update for the third quarter ended December 31, 2025, reporting robust growth in volume and revenue.
The trading environment was characterized by relative stability in inflation and exchange rates, supporting effective business planning. Increased consumer spend, driven by mining, informal sector activity, and diaspora remittances, benefited the business. Regulatory enforcement against smuggled and counterfeit products also had a positive impact.

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Volumes grew 64% year-on-year, driven by strong consumer demand during the festive season.
The Ready-to-Drink (RTD) segment registered a 92% growth, driven by cider packs while the Wine segment recorded a 49% growth, sustained by the affordable range of products. The Spirits segment grew by 30%, anchored by brown spirits.
Revenue of US$30 million, was 62% above prior year while the nine-month revenuebwas US$71 million, a 57% growth year-on-year.
The economic environment presents growth opportunities, driven by increased activity in key sectors. Ongoing restrictions on smuggled and counterfeit goods will support the growth of local manufacturing. Management remains optimistic, aiming to grow market share and enhance profit margins through effective distribution and cost management. The business is investing US$8 million in an additional packaging line to meet the rising demand.

