Stock Spirits' earnings spike as consumers stockpiled ahead of tax hikes
Share:
(Reuters) - Stock Spirits on Wednesday posted a 25.6% jump in first-half earnings as consumers stocked up on liquor ahead of tax hikes in its biggest markets, Poland and Czech Republic, and said the COVID-19 crisis has not affected its businesses as yet.Stock Spirits, manufacturer of 1906, Stock Prestige and Vodka No.1, said its adjusted earnings before interests tax depreciation and amortization (EBITDA) edged up to 44.2 million euros ($47.96 million) for the six months ended March 31, from..