UK: Innis & Gunn FY sales up 23%
- Full-year sales up 23% to GBP9.14m (US$14.77m)
- Case sales doubled in US in 2012
- Exports account for around 80% of total sales
Exports now account for around 80% of the brewer's sales
Scottish craft brewer Innis & Gunn has reported a healthy rise in full-year sales after a strong performance in the US, Canada and the UK due to on-going investment.
The company, which this year celebrated its tenth anniversary, saw sales up 23% to GBP9.14m (US$14.77m) year-on-year in calendar-2012. Case sales to the US doubled in the year to around 100,000, the Edinburgh based brewer reported today (30 September).
In Canada, the group's volumes grew by 15% year-on-year. In Sweden, the company's core Innis & Gunn brand overtook Newcastle Brown Ale as top-selling import ale brand, based on figures from the state-run chain Systembolaget.
Exports now account for 80% of the brewer's sales.
“The motivation for us has never been to get our product out to as many countries as possible,” said Dougal Sharp, Innis & Gunn's founder. “It’s been about building real scale in a few markets.”
In the UK, the company's volumes rose 10%.
The brewer invested GBP1.5M in working capital, infrastructure and manpower in 2012, the first year of a three-year investment programme.
The company also introduced draught products in 2012, which now account for 11% of its global volumes.
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