Restrictions on the sale of alcohol have cut into Distell sales over the past six weeks.
The prohibition against the buying and selling of wine, beer, spirits and tobacco products was instituted at the start of the lockdown in late March.

Distell announced on Monday that it will consolidate its core wine brands and capabilities to focus on growth in mainstream and accessible premium segments.
Food and beverage company AVI battled with a tough trading environment and load shedding which cost its headline earnings.

Opting for a boutique wine farm might be the way to go, according to Kevin Layden, the Seeff Property Group' agent for farms in the Stellenbosch and Boland areas.

AVI, the parent company of brands Five Roses tea and Bakers biscuits, has warned that its headline earnings per share could be between 3% and 5% lower.
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