Sharenet Sites 
Sharenet Sites
Trading update 1 July 2016 to 30 September 2016
Distell Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1988/005808/06)
Share code: DST
ISIN: ZAE000028668
("Distell" or “the Company” or “the Group”)
TRADING UPDATE 1 JULY 2016 TO 30 SEPTEMBER 2016
During the first three months (1 July 2016 - 30 September 2016)
of the new financial year ending 30 June 2017, Distell recorded
muted revenue growth compared to the corresponding period in the
previous financial year.
Our domestic South African operations recorded overall volume
and revenue growth in an environment of slower economic growth,
increased competition and curtailed real consumer spending with
consumers trading down.
In Africa we achieved good revenue growth in Mozambique and
Zimbabwe. However, the overall performance was negatively
impacted as we continue to feel the effects of the economic
slowdown across many parts of the continent, including Angola,
historically our biggest market in the region.
In the international markets, Taiwan is showing good growth,
with Europe and the rest of Asia remaining challenging and
highly competitive.
The outlook for economic growth remains uncertain and trading
conditions are expected to remain unpredictable and volatile
domestically and in our traditional international export
markets. The Group continues to drive efficiencies and cost
reduction to protect margins.
The abovementioned information does not constitute an earnings
forecast and have not been reviewed and reported on by the
Company’s external auditors.
Stellenbosch
20 October 2016
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 20/10/2016 09:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
