Adnams upbeat despite challenging conditions

Adnams SINGLE MALT WHISKY 2013 FNLAdnams, the Suffolk brewer, distiller and retailer, has today reported a positive start to the year despite a slight drop in profits for 2013.

Operating profit was down 2% to £3.3million while sales increased by 6.3% to £60.5million in the 12 months to December 31, 2013. It also saw 1.2% growth in volumes of beer, which include Southwold Bitter and Broadside.

It also reported strong growth over the last three years for its distillery which saw the much-awaited launch of its first two whiskies at the end of last year.

Adnams Triple Grain Whisky and Adnams Single Malt have gone on to win medals at the World Spirits Awards in San Francisco this week.

Chairman Jonathan Adnams said: “Despite a difficult start to 2013 due to adverse weather conditions and poor consumer confidence, we saw a much-improved second half to the year as the economy, and the weather, started to pick up.

“2013 was a year of many achievements for Adnams, with the introduction of new beers, our first whiskies and a number of prestigious awards across all areas of the business.

“2014 has started reasonably well for us and we believe that our long-term focus will help us to surmount the challenges that we will undoubtedly face.”

Adnams’ other spirits include Adnams Copper House Distilled Gin, First Rate Finest Cut gin, Barley Vodka, Longshore Finest Cut Vodka, North Cove Oak-Aged Vodka, Absinthe Verte and Rouge, and beer eau-de-vie The Spirit of Broadside.

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