Morrison Bowmore cheers double-digit rise in turnover
Morrison Bowmore Distillers is toasting a double-digit rise in sales and profits as it benefits from the global reach of its Japanese owner.
The whisky producer, whose portfolio includes Auchentoshan, Bowmore and Glen Garioch, was acquired by Suntory in 1994. Last year, the Asian drinks giant swallowed American peer Beam in a move that created the world’s third-largest spirits company.
Newly published accounts for Morrison Bowmore show that turnover last year jumped by 14 per cent to £63.6 million, while profit before tax leapt 72 per cent to £15.7m.
The accounts noted: “Beam Suntory has a portfolio of brands from all over the world. The Scotch whisky brands are a key part of the business and its future strategy.”