Bruichladdich, the Islay-based whisky distiller, has reported a 58% increase in profit before tax, for its full year, up to GBP831,000 (US$1.6m). Single malt sales increased 34% against average industry growth of 3%, the company said.

The strong performance continues the improvement in both turnover and profitability achieved since the private distillery was resurrected in 2001, having been closed for several years.

Gross profit margins remained constant, while earnings before interest, depreciation, tax and goodwill rose 37% to GBP1,535,000.  Group turnover grew 28% to GBP6,864,000.

The company said that during the year, a new warehouse area was built to facilitate bottling efficiency, GBP725,000 of bulk whisky was acquired, 700,000 litres of new spirit distilled increasing whisky stocks to GBP13.7m at today's value.

Despite high barley and oil costs distillation volume increased by 10%.

Managing director Mark Reynier said: "We are very pleased with these results which are a credit to the whole team. There's a growing demand for quality, variety and originality which we intend to satisfy.

"Our profits are entirely reinvested in more whisky stocks and investing in our operations such as Tropos, a GBP250,000 fully-integrated enterprise resource planning system, as we continue to grow."