Innis & Gunn stay in profit but report 12% reduction in turnover

Innis-Gunn-Brewery-Taproom-Leith

Innis & Gunn has remained profitable during ‘the most challenging year in this businesses’ according to its recently filed financial results for the year ending December 2020, with the closure of the on-trade impacting what would have been its 17th consecutive year of growth.

Dougal Gunn Sharp, the group’s founder and master brewer, said, “It is fair to say Innis & Gunn has had a strong 2020, despite it being the most challenging year in this businesses’ history, and we have weathered the covid-19 storm.

“We used time in 2020 to focus on the future of Innis & Gunn, with the growth plans implemented already seeing significant success across the business. The closure of the on-trade impacted what would have been our 17th year of consecutive growth, but that aside, we have seen huge success in the off-trade and through our own e-commerce channel, and we are in a strong position.”

The brewing side of the business accounted for 97% of the group’s £21.3m turnover, maintaining a pre-tax profit for the year, despite the reduction in group turnover by 12%,

E-commerce also accelerated, with the Innis & Gunn online shop growing 1,286% year-on-year. while its flagship beer, The Original, grew by 7.4% – a positive swing of 26.2% – driven by growth in the UK and internationally. Its Lager Beer grew 5.3% overall, a particularly strong performance as historically a significant portion of volume has been delivered through the UK on-trade.

Pictured: Innis & Gunn Taproom in Leith

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