In its most recent financial results the company reported a 45% increase in revenues to £821 million for the year to 31st March 2022 (22% up on the pre-pandemic results of 2019/20), with pre-tax profits up from £171.3m to £270.7m.
Pre-pandemic, the company had reported pre-tax profits of £222.4m.
Edrington attributed the strong results to a number of factors, including the reopening of the on-trade and travel retail and the strong performance of its brands in several key markets around the world.
The company – along with the wider whisky industry – also benefitted from the US Government suspending the additional tariffs it had imposed on Scotch whisky.
“Edrington has returned to the consistent growth trend we saw in the years before the pandemic, with robust performances across our core markets, particularly the USA, China and the Dominican Republic,” said Edrington chief executive, Scott McCroskie.
“Whilst the economic landscape will continue to present challenges, we have healthy brands, an effective strategy, record levels of investment in the business, great people and strong momentum.
“I am confident that Edrington is well-positioned to deliver sustainable success in the future.”