30th Mar 2026 13:40
(Alliance News) - Artisanal Spirits on Monday backed full-year guidance with growth in Asia and America so far in 2026 offsetting a slower start in Europe.
The Edinburgh, Scotland-based distiller of single-cask and limited-edition whisky said its pretax loss stretched to GBP7.0 million in 2025 from GBP3.1 million the year prior, as revenue fell 16% to GBP19.9 million from GBP23.6 million.
Losses before interest, taxes, depreciation and amortisation were GBP2.4 million compared to earnings of GBP1.1 million in 2024.
Artisanal Spirits said the disruption caused by the US government shut down in the US in the fourth quarter of 2025, impacted revenue by GBP2.4 million and Ebitda by GBP1.8 million.
Looking ahead, the firm said the start to 2026 has been solid, with full-year guidance unchanged, and trading in line with expectations.
"Cask sales growth alongside year-on-year revenue improvements in Asia and America are offsetting a slower start in Europe where consumer confidence remains subdued," it added.
The group said it holds no direct exposure to the current conflict in the Middle East, "given we do not sell directly to any of those key geographies".
No dividend was declared during the period, unchanged from the prior year.
Shares in Artisanal Spirits were up 3.8% to 32.70 pence each in London on Monday.
By Jeremy Cutler, Alliance News reporter
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