Innis & Gunn ‘ahead of budget’ after reopening
Dougal Sharp: ‘back with a bang’
Innis & Gunn said it is enjoying a strong Q2 with a 20-fold increase in new draught installs at target outlets across Scotland and nine new national listings with major Scottish retailers.
Since the re-opening of the Scottish on-trade the brewer said it is tracking 42% ahead of budget. Innis & Gunn is seeing a 31% year-on-year growth in the off-trade.
However, it did not give figures on sales which have been badly hit across the industry.
Asked to clarify the sales position, a spokeswoman told Daily Business: “When budgeting for 2021, we of course had to factor in the various uncertainties in place, including the lengthy lockdown.
“We set our figures based on a variety of factors, including market insights and industry knowledge, plus our own growth strategy and aspirations for the year. We are delighted to see how quickly trade is recovering which is positively driving this increase.”
The company has invested more than £100,000 across its Perth brewery and Brewery Taproom bars.
Dougal Gunn Sharp, founder, said: “We have continued to innovate and invest in the business over the last year and it is really paying off.
“The re-opening of the Scottish on-trade was eagerly awaited and we have undoubtedly come back with a bang.”