Isle of Arran distiller toasts jump in profits
“In a market perceived to have stalled, the results offer a more positive view of the category and a reflection of changing market dynamics,” the company said, adding that its profits have grown 130 per cent since 2010 and it is pursuing ongoing investment.
Additionally, it said export represented 61 per cent of its total turnover last year, with France remaining a core market, the “tough” US market making up 9 per cent of exports, and “rising star Taiwan contributing 7 per cent of total overseas sales”.
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Hide AdManaging director Euan Mitchell highlighted the business being independent, adding: “We are delighted with the results, which renew our dedication to creating quality whisky with a story to tell. We believe that the future for whisky is very promising.”