UK: Blavod Turns To International Markets To Help Drive Growth
Blavod, the black vodka maker which floated earlier this year, saw its UK sales increase 15% over the same period last year, but sustained a loss of £1.1m, compared to £1m in 2000, which the company said was in line with expectations. Gross profits increased from £138,000 in 2000 to £270,000 in 2001, while the company's turnover also improved from £776,000 to £835,000.