Tomatin Distillery toasts double-digit growth
In the financial results released today, which covers the period from December 31 2016 to December 31 2017, turnover grew by 24.6% year-on-year to £18m – compared to £14.5m recorded the previous year. The results also show that Profit before Tax grew by 14% from £3,534,870 to £4,030,422.
Additionally, the company revealed that the turnover for the distillery’s visitor centre has surpassed the £1m mark for the very first time since opening. Having grown in line with the brand, the visitor centre has become an important revenue stream for the business.
Stephen Bremner, who recently took up the position of managing director following more than a decade as the sales director, said: “This is a very exciting time for Tomatin. In the past few years, we have gained a solid foothold in the international whisky market, particularly with our branded products.”
Particularly buoyant markets for Tomatin include, the UK, USA and Germany, where the company reported its strongest sales. Stephen added: “Following a couple years of decline, the whisky market is back on its feet and Tomatin is steadily seducing the new wave of whisky drinkers – not just on Scottish soil, but globally.”
Published: 19 June 2018