Benriach rakes in bumper sales and profits

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BENRIACH, the distillery group headed by former Rangers director Billy Walker, raked in bumper sales and profits last year on the back of booming global demand.

Profits almost tripled and the firm said the outlook for the current financial year was “extremely positive”.

The Edinburgh-based company, which owns the GlenDronach brand, also saw the benefits of continued growth at its Newbridge bottling plant with a number of additional customers secured. Turnover rose by 26 per cent to £25.34 million, with pre-tax profits jumping to £4.15m from £1.4m. Staff numbers grew to 128 from 107.

BenRiach was launched in 2004 when Walker, along with South African investors Geoff Bell and Wayne Keiswetter, bought their first distillery near Elgin for £5m.