Lark Distilling Company (ASX: LRK) Webcast Replay
11th May, 2022
Lark Distilling Company Limited (ASX: LRK) is a crafter of award-winning whiskies with 85% gross margins and potential estimated future net sales value of $422 million.
As a part of our ‘The Insiders: Meet the CEOs’ series, Director and interim CEO Laura McBain, provides valuable insights to the company, its key markets and industry, and future prospects.
Recorded on 11th May 2022 at 12pm (AEST).
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FEATURED SPEAKER
Laura McBain
Director and interim CEO - Lark Distilling Company Limited (ASX: LRK)
Lark Distillery is a crafter of award-winning whiskies, including Whisky of the Year 2022 and Best Blended Malt Whisky. Picked by Perennial Partners as an asset-driven investment, the company has 1.95 million litres of whisky under maturation priced historically at $216 per litre. Lark Distillery has grown its market cap four times since last year to ~$240 million and delivered 51% year-on-year growth and $13.5 million in net sales at Q3 FY22. The company’s aspiration of expanding into key export markets was strengthened by a recent acquisition, supported by $6.5 million in self-funding by Lark Distillery’s directors.
