Brewdog cheered by 15% rise in profits

BrewDog founders Martin Dickie and James Watt at the London launch of the Equity for Punks scheme. Picture: Contributed
BrewDog founders Martin Dickie and James Watt at the London launch of the Equity for Punks scheme. Picture: Contributed
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BREWDOG directors Martin Dickie and James Watt are “insanely optimistic” about the prospects this year for their Ellon-based micro-brewery, according to accounts filed at Companies House.

Turnover increased by 80 per cent in 2012 to £10.7m, with pre-tax profits rising by 15 per cent to £485,936 after what the pair described as a “hell of a year”.

Staff numbers doubled to 126 after the firm – which is currently raising £4m through crowd-funding – expanded its chain of pubs and moved from Fraserburgh to a larger, purpose-built site at Ellon.

Brewdog is currently raising £4m through crowd-funding from its fans through the third round of its “Equity for Punks” scheme.