Adnams achieves rise in annual operating profits of 7.3%


Adnams has published its financila results for the 12 months to 31 December 2015, showing sales of £65.7m (2014: £66.0m) and a 7.3% rise in operating profit to £4.1m (2014: £3.8m).

During the period the company saw spirits volumes increase by 39%, and beer volumes level with those in 2014.

Jonathan Adnams OBE, Chairman, said, “I am pleased to report the company made good progress in 2015, the economic mood was reasonably buoyant and a cut in duty rate for the third year running was a welcome announcement in the budget. Ghost Ship has remained in strong growth, as have our newer range of kegged, canned and bottled beers which fit well into the vibrant and growing UK craft beer market.

'Our investment into the Brewery and Distillery continues, and this development will ensure we have the flexibility and capacity to meet the demands of the changing beer market. Our spirits have become an integral part of our business, and we’re delighted to have trebled our capacity with the addition of two new stills.”