UK: Bruichladdich toasts one-third leap in FY profits
Bruichladdich has posted an almost one-third increase in full-year profits.
The UK Scotch whisky distiller said late last week that earnings before interest, depreciation, tax and goodwill provisions for the 12-months to the end of December rose to GBP1.12m (US$2.23m) from GBP932,000 a year earlier.
"This performance continues the improvement in both profitability and turnover achieved over the last 3 years," said company chairman Sir John Mactaggart.
The Islay distiller was reopened in 2001 after it was bought from Jim Beam Brands - now Beam Global Wine & Spirits - for GBP7.5m.
Last month, Bruichladdich said it was spending GBP2.5m on building a distillery on the site of a defunct distillery in Port Charlotte on Islay. The company said that it would aim to give the distillery a zero carbon footprint.
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