MORRISON Bowmore Distillers nearly doubled its pre-tax profits last year to more than £6 million as its worldwide sales surged, accounts filed with Companies House reveal.
MORRISON Bowmore Distillers nearly doubled its pre-tax profits last year to more than £6 million as its worldwide sales surged, accounts filed with Companies House reveal.
TOASTING SUCCESS: Chief executive Mike Keiller will be happy with the latest results, which revealed the firm had doubled its pre-tax profits.
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Ian Mcconnell business editor
Its 84% jump in pre-tax profits to £6.11m in 2011, from £3.33m in the prior year, was achieved on the back of a 7% rise in turnover from £41.5m to £44.6m.
In their report on the accounts, directors of the Glasgow-based company declared that its single malt brands of Bowmore, Auchentoshan, Glen Garioch and McClellands all achieved an increase in turnover and profits last year. And they highlighted heavy investment in these brands.
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