Tomatin Distillery has reported a decrease in pre-tax profits to £10.2 million for the year ending December 2023, despite a slight increase in turnover to £31.4m. Managing director Stephen Bremner attributed the decline to a slowdown in consumer spending on whisky, driven by high interes
Whisky
The Artisanal Spirits Company has confirmed that the positive profit improvement momentum which characterised the first half of the 2023 financial year has continued through the first half of this year.
Russia is expected to double its import tariffs on whisky as early as next month, in retaliation for Western sanctions. A Kremlin source said the country will increase the duty on "hard liquor from unfriendly countries” as it moves to counter foreign sanctions and boost domestic production. Th
The historic Dallas Dhu distillery in Moray is set to reopen as a working distillery under the management of Aceo Distillers Company Limited. While Historic Environment Scotland (HES) will retain guardianship of the site on behalf of Scottish Ministers, Aceo will take over the management of distille
Scottish spirits company Edrington reported an 11% rise in core revenue for the year ending 31 March 2024, reaching £1.16 billion. Profit before tax grew 6% to £411 million. The growth was driven by double-digit sales of The Macallan, particularly in the Asia Pacific region and the globa
The Artisanal Spirits Company, owner of whisky brands including The Scotch Malt Whisky Society (SMWS), has received recognition at top international spirits competitions in 2024.
Argyll Estates and European spirits company Stock Spirits Group, owner of the Clan Campbell whisky brand, have submitted plans for a £25 million malt whisky distillery at Inveraray Castle, seat of the Duke of Argyll, who is chief of Clan Campbell. The proposed Inveraray Distillery aims to prod
Bladnoch Distillery, Scotland's southernmost whisky producer, has launched 'The Wave', its second instalment in its Master Distiller's Collection.
Ian Macleod Distillers, the owner of Rosebank Distillery, has reported a 20% dip in pre-tax profits to £33.8 million for the year ending 30 September 2023, despite a 1% increase in turnover.
Glen Moray single malt Scotch whisky has taken a swing at the world of golf, becoming the new official whisky of the Senior Open. The three-year, six figure partnership will commence this summer when the prestigious championship – Europe’s only senior major – returns to the home of
Family-owned Ian Macleod Distillers has shared an update on the progress of its new single malt whisky distillery – Laggan Bay. The new distillery is a partnership with The Islay Boys, whose newly completed brewery sits next to the distillery at Glenegedale, close to Islay’s beautiful La
The Artisanal Spirits Company (ASC) board, owner of the Scotch Malt Whisky Society (SMWS), has reported year-on-year EBITDA growth of £0.5 million for the first quarter of the year, slightly exceeding expectations. The board has said the company's focus remains on maintaining a high-quali
A family-owned distillery near St Andrews has launched a multi-million-pound programme of investment to significantly increase production and capacity for its award-winning single malt whisky.
This week (15-17 May) the Scotch Whisky Association (SWA) will visit Washington DC and, alongside the Distilled Spirits Council of the United States (DISCUS), meet with members of Congress and partners in the United States with 25 months remaining to avoid the reinstatement of the 25% tariff on Sing
Glasgow-based whisky bottler and blender Hunter Laing has unveiled impressive financial results, reporting record revenue and profits as it prepares to introduce its inaugural whisky from its newly constructed Islay distillery. The business posted an operating profit of £11 million for the fis