Posted: Thu Jul 04, 2019 12:04 pm Post subject: Old Pulteney Leads Inver House Rise In Profits
Inver House Distillers, the Scotch Whisky subsidiary of global drinks business International Beverage Holdings Ltd which owns the Old Pulteney, Balblair, anCnoc and Speyburn single malts has reported a sales increase of 7.4% for the year to September 2018. This reflects a period of significant growth for its core brands, with sales of Inver House Single Malts growing by over 12% in the year.
This success was led by the company’s flagship single malt Old Pulteney, produced at Pulteney Distillery in Wick, which grew sales by 20%.
Pff. I mean, I'm obvs happy to see a distillery thrive, but if by "updating their core range", aka screwing us, a distillery consistently makes more money, well... we can only get more screwed.
Frankly in my opinion of all these excuses to raise prices - because that's what they are - only Glenrothes has made sense and has pushed out something of decent quality. But even then, Signatory Glenrothes are still consistently better (they're kind of my guilty pleasure).
It's a shame to see all this plotting and scheming work and having to consistently rely on indies and auctions to try interesting stuff. Not that the indies aren't upping their prices...
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