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Arran Distillery announces record year

Published:  12 June, 2012

Arran Distillery has declared a record year, having doubled its net profits with a reported turnover of more than £3 million, an increase of almost 14% on the previous year.

Now in its 16th trading year, this is the first time Arran has exceeded the £3 million sales mark. Net profits for the year stood at £250,000, marking an increase of 113% on last year's results.

Last year the company also saw export sales rise by 25%, which is ahead of the market average of 23%.

The news comes on the back of the increasing demand for Scotch whisky in the UK and overseas, which is set to continue to grow.

In Taiwan demand for Arran's whisky increased by 85 %, while the North American and Canadian markets also grew.

Managing director Euan Mitchell said: "We have reported another fantastic year. Recognition for the quality of our single malts is growing rapidly and we are perfectly placed to benefit from the expanding demand for Scotch whisky around the globe."

As part of the development plan for Arran, and to keep up with growing demand, production was also ramped up with 350,000 litres of spirit being produced, which is scheduled to rise to 400,000 litres in 2012.

Investment in a new warehouse will also enable Arran Distillery to double its storage capacity on the island.

The company is also planning to lay down stocks so it can capitalise on the increased demand for single malts down the line.