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Adnams plc Results for the 12 Months to 31 December 2014

By Emma Hibbert, also posted in News on

Adnams has today published its Report & Accounts for the 12 months to 31 December 2014, showing sales of £66.0m and a £3.8m operating profit. Adnams reported a growth in beer volumes approaching 10% and a return to profit for its Adnams Shops business. Commenting on the performance in 2014, Jonathan Adnams OBE, Chairman, said, “2014 was a strong year for Adnams. We recorded our highest ever brewing year, saw continued growth in sales of our spirits and achieved profitability within our shops. We were delighted to receive a number of awards for our beers and spirits, notably the International Wine & Spirit Vodka Trophy for Adnams Longshore Vodka and Gold awards for Ghost Ship, Dry Hopped Lager and Mosaic. This success has continued this year with Adnams Dry Hopped Lager winning a Gold medal at the SIBA (Society of Independent Brewers) Beer Competition last week. The economic outlook is by no means certain, however, we are making a confident statement in announcing the start of a major and innovative project to expand and improve our brewery and distillery. We have regularly made the point that Adnams is about the long term, that is our commitment and it will remain the case.”    Adnams Annual Report & Accounts 2014 cover imageThe Adnams Report & Accounts highlights include: · Sales of £66.0m (2013: £60.5m)  +9.1% · Operating profit £3.8m (2013: £3.3m) +14.7% · Final Dividend £1.36 (2013: £1.28) +6.25% · Debt down £2.7m at £8.0m · Adnams beer volumes up 9.7% · Adnams spirits volumes up 37% You can download the full Report & Accounts as a pdf here (2.8 MB)

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