Lothian Distillers toasts profit
A GRAIN distillery in Edinburgh that produces whisky for Famous Grouse, J&B and Johnnie Walker has posted a 16 per cent rise in profits thanks to strong demand in emerging markets.
Accounts for Lothian Distillers, which operates the North British Distillery, showed operating profits rose to £9.1 million in 2011 from £7.9m in 2010. Sales jumped by 31 per cent to £71.6m.
The directors recommended that a final dividend of £3.3m should be paid for 2011, up from £2.6m during the previous year,
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