BrewDog’s rampant expansion plans show no sign of slowing up just yet. The Aberdeenshire-based beer maker and bar operator recorded revenues increasing 51% last year to £44.7m after shipping 41m bottles worldwide last year.
Pre-tax profits slipped 4.1% to £3.5m, but that’s because the firm has been splashing out in a bid to maintain its steep levels of growth – it claims to have been the fastest-growing food and drinks company in the UK for the past four years. Last year, it opened 16 new bars around the world and shelled out £20m at its Ellon brewery to increase capacity from 200,000 hectolitres per year to 1m.
Co-founder James Watt said 2015 was ‘all about laying the foundations for the next five years of future growth’, while a new brewery in Ohio, due to be completed next month, forms part of the plans to get more of a grip on the US market where there’s a decent appetite for craft beer. It makes up 20% of overall beer sales.