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Asia trade boost for Glenmorangie
harpers by 2008-8-7 14:33:59   

Glenmorangie has seen a boost in trade with profits standing at £12.6m, according to The Scotsman newspaper.


The distiller's latest accounts, filed with Companies House, show that for the year to 31 December 2007 UK sales for Glenmorangie, which makes the Glenmorangie and Ardbeg single malt brands, rose by 25.9% to £51.5m.


Export sales grew by 23% to £15.5m, driven by a strong demand for products in Asia.


The increase in sales helped boost profits.


China - as well as Eastern Europe - has helped trade for the Scotch whisky industry in general.


The Scotch Whisky Association said the industry looked to be on track for another record this year, after reporting bumper exports worth £2.8 billion in 2007.


Figures show that exports of Scotch whisky earned the UK economy £90 every second in 2007.
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