Bar chain and craft brewer BrewDog has reported a pre-tax loss of £36.7 million, marking the fifth successive year the company has been in the red. The latest figures contribute to a cumulative pre-tax loss of £148m since its last profitable year in 2019.
Brewdog
Craft beer company BrewDog has reported losses of nearly £37 million for the last financial year as sales growth slowed to a near standstill, compounding a turbulent period following the departure of its co-founders. In a recent update to shareholders, the Scottish brewer revealed that sales g
BrewDog co-founder Martin Dickie has announced his departure from the craft beer company, citing personal reasons. In a statement, Mr Dickie – who remains a shareholder – said: "After over two decades in the brewing and distilling arena sadly for personal reasons it’s time for me t
Craft beer giant BrewDog is set to close ten of its UK bars, including its original flagship venue in Aberdeen, citing a challenging trading environment and the commercial non-viability of the specific sites. In Scotland, the closures will also affect its Dundee bar, while across the UK its Brighton
BrewDog has posted a £59 million pre-tax loss for 2023, marking the Aberdeenshire-based craft beer company's fourth consecutive year of losses. This follows losses of £12.5m in 2020, £9.4m in 2021, and £30.5m in 2022. The company last recorded a pre-tax profit of £1.1m
BrewDog's recent failure to submit its 2023 accounts to Companies House on time has highlighted the need for stricter penalties for late filing, according to tax expert Dan Neidle. The Scottish brewer missed the end-of-June deadline without explanation, exposing a flaw in the current system where th
Craft brewer BrewDog has said it is ending its commitment to paying all staff the voluntary living wage.
BrewDog Distilling Co. will release its first ever rum casks for sale as part of an annual online auction with specialist spirits auctioneer, Whisky Hammer.
In what it is calling the "Great BrewDog Glass Amnesty", BrewDog customers have been invited to return glasses taken from their establishments in exchange for a free drink. James Watt, CEO of BrewDog, announced in a recent LinkedIn post that their Hazy Jane glass has become the most pilfered it
BrewDog has revealed a major expansion strategy that will triple its bars and hotels operation to approximately 300 venues by 2030.
James Watt, CEO of Brewdog, the brewery and pub chain headquartered in Ellon, Aberdeenshire, has expressed strong criticisms about the aftermath of Brexit, describing it as “tragic for UK business” and emphasising its detrimental effects on his own enterprise. Mr Watt shared his sentimen
Ellon-based brewer and pub operator, BrewDog, has reported substantial losses for the third consecutive year, despite showing a 12% rise in revenue to £321.2 million. Following last year's £30.5m loss, the company states that this is a result of higher operational costs due to the p
BrewDog has made a fake ALDI beer in reaction to the supermarket producing a fake BrewDog IPA. James Watt, the CEO and co-founder of BrewDog, revealed in a LinkedIn post this morning that the after the release of BrewDog's fake ALDI beer, ALDI got in touch asking to list the fake ALDI beer in their
BrewDog has announced it will cancel its 2023 Annual General Mayhem event in Aberdeen, instead opting to move the event to its own bars due to rising costs. The event, which draws visitors from around the world to Aberdeen, incurs losses of around £1m, according to CEO James Watt.
BrewDog has formed a joint venture with Budweiser in China to ramp up its operations in the country.