Chill Brands Group plc (LSE:CHLL) has regained its listing on the London Stock Exchange after a suspension in June 2024 caused by delays in financial reporting. With audits now complete, the company is concentrating on the growth of its Chill Connect division, which provides distribution services to FMCG brands. This unit is leveraging the UK’s ban on disposable vapes to meet increasing demand for reusable alternatives in the tobacco-free market.
In addition, Chill Brands is enhancing its e-commerce platform, Chill.com, to broaden its marketplace offering. The company’s financial position is bolstered by recent fundraising efforts and expected VAT rebates, positioning it for expansion. However, management acknowledges that further capital may be needed to support revenue-generating initiatives.
About Chill Brands Group
Chill Brands Group plc is a distribution-focused consumer packaged goods business that brings innovative fast-moving consumer products to market. Its portfolio spans tobacco alternatives, functional beverages, and other novel goods, with a particular emphasis on the convenience store sector. The company partners with both established FMCG players and emerging high-growth brands, while also operating Chill.com, an e-commerce marketplace showcasing third-party products.
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