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Adnams Annual Report & Accounts 2016

By admin, also posted in News on

Adnams Report & Accounts 2016 cover imageA record brewing year for Adnams! We have published our Report & Accounts for the 12 months to 31 December 2016, showing sales of £70.3m and a £3.9m operating profit. 2016 was a record brewing year for Adnams with volumes passing the 100,000 barrels mark for the first time in its history. Commenting on the performance Jonathan Adnams OBE, Chairman, said “Adnams saw strong growth in the volumes that it brewed and distilled in 2016. Brewery sales volumes rose by 9% and distillery volumes by 66%. A record level for both parts of the business. Whilst the depreciation of sterling depressed profits, underlying trading was good with our shops trading well. We continue to innovate and invest in the long-term future of our company.” The Adnams Report & Accounts highlights include:
  • Sales of £70.3m (2015: £65.7m) +7.0%
  • Operating profit £3.9m (2015: £4.1m) -3.8%
  • Final Dividend £1.50 (2015: £1.44) +4.2%
  • Adnams beer volumes up 9%
  • Adnams spirits volumes up 66%
You can download the 2016 Report & Accounts here (5.5MB, pdf).