Edrington sees profits rise

Trade News

Famous Grouse

Famous Grouse

The maker of Scotland’s top-selling whisky is toasting 5.2% growth in profits to £148.8 million.

Edrington, who produce The Famous Grouse, as well as The Macallan and Highland Park malts, increased their turnover by only 0.5% in the same period – with sales growth in premium brands boosting the profitability of the group.

Like its competitors Diageo and Pernod Ricard, Edrington now intends to invest millions of pounds in its Scotch whisky business to meet growing international demand, reports The Herald newspaper.

The main recipient of the investment is likely to be their Macallan Distillery in Speyside according to the report, after the single malt brand increased profit by 40%.

Chief exec Ian Curle said: “The company is in a position to harness this potential through investment in our people, brands, route to market, and maturing inventory.

“In order to support this growth further significant investment is planned at our operational sites in Scotland and the Dominican Republic.”

The Dominican Republic is the home to their Brugal Caribbean rum brand.

Share this:
Whisky Deals:
Arran 14 Year Old
Arran 14 Year Old
£47.45 - 70cl, 46% The Whisky Exchange
Auchentoshan Virgin Oak Batch Two
Auchentoshan Virgin Oak Batch Two
£67.95 - 70cl, 46% The Whisky Exchange
Benrinnes 11 Year Old 2006 (Malt of The Earth)
Benrinnes 11 Year Old 2006 (Malt of The Earth)
£57.66 - 70cl, 46% Master of Malt
Bowmore Gold Reef Litre
Bowmore Gold Reef Litre
£60.75 - 100cl, 43% The Whisky Exchange
Bunnahabhain 12 Year Old
Bunnahabhain 12 Year Old
£43.95 - 70cl, 46.3% The Whisky Exchange
Cask Orkney 18 Year Old
Cask Orkney 18 Year Old
£62.45 - 70cl, 46% The Whisky Exchange
Cragganmore 12 Year Old Small Bottle
Cragganmore 12 Year Old Small Bottle
£14.95 - 20cl, 40% The Whisky Exchange
Edradour 12 Year Old Caledonia Selection Oloroso Cask
Edradour 12 Year Old Caledonia Selection Oloroso Cask
£51.95 - 70cl, 46% The Whisky Exchange
Glen Elgin 12 Year Old
Glen Elgin 12 Year Old
£39.95 - 70cl, 43% The Whisky Exchange
Glen Moray Elgin Classic
Glen Moray Elgin Classic
£22.45 - 70cl, 40% Master of Malt
Glen Spey 12 Year Old - Flora and Fauna
Glen Spey 12 Year Old - Flora and Fauna
£46.13 - 70cl, 43% Master of Malt
Longmorn 2003 14 Year Old Old Particular
Longmorn 2003 14 Year Old Old Particular
£66.75 - 70cl, 48.4% The Whisky Exchange
Tamnavulin Double Cask
Tamnavulin Double Cask
£32.75 - 70cl, 40% The Whisky Exchange
The Ileach Cask Strength
The Ileach Cask Strength
£44.63 - 70cl, 58% Master of Malt
Whisky Events:
No event found!