• FY net profits up 15.8% to GBP11.6m (US$19.4m)
  • Operating profits in 2013 up 14.7% to GBP16.4m
  • Sales rise 6% to GBP70.1m

The Glenmorangie Company, the Scotch whisky unit of Moet Hennessy, saw a healthy rise in net profits in 2013 off the back of a 6% lift in sales. 

In accounts filed with Companies House in the UK this week, the Edinburgh-based division reported that net profits in the 12 months to the end of 2013 rose by 15.8% to GBP11.6m (US$19.4m). Sales in the period climbed by 6% to GBP70.1m, while operating profits climbed 14.7% to GBP16.4m. 

Glemorangie said both its namesake single malt brand and the Ardbeg brand delivered “increased volume and profit growth” in the year.

Looking ahead, the company said: “Our vision is to strengthen and consolidate the strong brand presence for ... Glemorangie and Ardbeg in fast-growing, international markets, where this is significant growth opportunity for premium whiskies”.  

Earlier this year, the company appointed a new CEO, Marc Hoellinger. He replaced Paul Skipworth, who stepped down from Glenmorangie and took on the role of Moet Hennessy's senior VP for strategy.