Adnams reports sales rise by 6.3%


Adnams, the Suffolk brewer, distiller and retailer, reports sales of £60.5m for the year to the end of December - 6.3% up on last time.

Operating profits were 2% down at £3.3m but the final dividend of £1.28 is unchanged from a year ago.

The company reported a 1.2% growth in beer volumes and a 6.0% increase in like-for-like turnover in its 'Cellar & Kitchen' business.

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.

'I am delighted to announce that Adnams Triple Grain Whisky and Adnams Single Malt both picked up medals at the World Spirits Awards in San Francisco earlier this week. 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.'