Question 1

How many casks does Artisanal Spirits Company reportedly hold according to Panmure?

Accepted Answer

Panmure estimates that Artisanal Spirits Company holds more than 18,000 casks, with a market value above £100m compared with an enterprise value near £50m.

Question 2

What cash-related issue do brokers highlight for Artisanal Spirits Company?

Accepted Answer

Brokers highlight quarter-to-quarter cash improvements and stress the importance of sustaining free cash flow to reduce the group's debt.

Question 3

How much did Artisanal Spirits Company’s cash generation change in the half-year update?

Accepted Answer

Artisanal Spirits Company reported an approximate £1.5m improvement in cash generation in the half.

Question 4

What estimated market value was reported for Artisanal Spirits Company's cask inventory?

Accepted Answer

Broker commentary reported the estimated market value of Artisanal Spirits Company's cask inventory as greater than £100 million.

Question 5

What objective do the reported cash-generation improvements support for Artisanal Spirits Company?

Accepted Answer

The reported improvements in cash generation support Artisanal Spirits Company's stated objective of debt reduction.

Question 6

What sensitivities did Panmure Liberum say materially affect Artisanal Spirits Company's reported results and asset backing?

Accepted Answer

Panmure Liberum said sensitivity to the timing of trade cask sales and to cask market valuations both materially affect Artisanal Spirits Company's reported revenue, cash flow and implied asset backing.

Timeline

Artisanal Spirits

Broker reckons whisky maker Artisanal Spirits is back on track

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