Overview of Activities
Medine Distillery Company Limited (Medine Distillery) produces rum, alcohol and vinegar for the local and export markets.
The company performed well and increased its turnover by Rs 28 million to reach Rs 275 million for the year under review. The
revenue growth resulted from better sales on the local market and a significant increase in its export sales. It also benefitted from
favourable foreign currency rates that contributed to the higher export revenues. The profitability for this year improved in line with
the revenue growth and reached a record level of Rs 51.7 million.
Production has been good overall, with 5.7 million litres of alcohol produced. The production output was, however, limited by the
amount of molasses allocated to the distillery and in that respect will restrict the potential growth in production volume in the future.
This year, the company has launched a new vinegar on the market. This new product is made from pure sugarcane juice and produced
using a traditional method, known as the ‘Méthode Orléanaise’, whereby the vinegar goes through a slow natural fermentation
process in oak casks. Targeted at the premium vinegar market, it has a strong offering in terms of origin and uniqueness, appealing
to Mauritian chefs looking for new local ingredients for their signature serves, or to tourists as an authentic local product to bring back
home. Feedback on our Pure Cane Vinegar has been very promising thus far.
Strategy & Outlook
Prospects for 2018/19 are good and we are expecting that demand for alcohol will remain stable on the local market and continue
to grow on the export market.