International premium spirits company Edrington today announces a resilient financial performance for the year to 31^st March 2026, underpinned by strong demand for its core products, the disciplined execution of its strategy and a strengthened balance sheet. 

Against a backdrop of volatility and continued pressure on consumer spending, particularly within ultra-premium and prestige spirit products, the company delivered a strong performance in its core brand expressions, supporting increased sales volume and a 1% increase in core contribution*.

Commenting on the results, Scott McCroskie, CEO of Edrington said: “Our performance this year reflects both the strength of our brands and a disciplined approach to execution in a challenging market.

“Whilst consumer demand at the very top end of our products remains subdued, the continued growth of our core ranges has enabled us to deliver a modest increase in core contribution. Our leading brand, The Macallan, has continued to perform strongly, gaining market share across a number of our key markets.

“With the company’s balance sheet strengthened by strong inventory management and materially reduced debt, Edrington is on a strong footing as it navigates a continually volatile environment.

“We will continue to pursue growth opportunities whilst maintaining discipline over costs and investing in our brands, our operations and sustainability. This will ensure that the business is well placed to perform strongly in the future.”

HIGHLIGHTS

• The Macallan’s core range performed strongly, delivering volume growth, supported by expanded distribution and new product launches in selected markets.

• Brugal, Edrington’s premium rum continued to generate double-digit growth in its home market of the Dominican Republic. Brugal 1888 has risen to become the world’s #6 ultra-premium rum.

• Edrington’s Europe, Middle East & Africa region grew core revenue, in addition to notable growth in China, Latin American and the Dominican Republic. 

• Edrington launched a wholly-owned distribution company in India, the world’s largest Scotch Whisky market by volume

• The Company has continued to integrate its sherry-seasoned cask supply chain, which was established in a series of acquisitions between 2023 and 2025. 

Core revenue* declined by 3% compared with the previous year, reflecting the lower demand for high-value prestige products, which was mitigated by strong performance in The Macallan core products, including double-digit growth in sales of The Macallan 12-year-old.

Profit before tax† for the financial year was 7% lower year on year, reflecting the absence of a one-off gain in the prior year from a sale of maturing stock, together with the impact of adverse currency rates. The proceeds of the sale of The Famous Grouse, alongside working capital savings, enabled a £425 million reduction in net debt.

CORPORATE FINANCIAL SUMMARY                                                                 

† pre-exceptional items

Notes to editors:

*Explanation of financial terms 

Core revenue is the measure of our branded sales, separate from other forms of income, defined as: total revenue from our sales of continuing Edrington branded products on a constant currency basis.

Core contribution is our internal measurement of underlying business performance, defined as: profits from our branded sales and distribution after the deduction of overheads on a constant currency basis.

About Edrington

Edrington’s vision is to give more by crafting exceptional ultra-premium spirit brands. 

The Macallan is our central focus, supported by Highland Park and The Glenrothes in the single malt category. Our portfolio is completed with Brugal premium rum from the Dominican Republic. Edrington also has a strategic partnership with No.3 London Dry Gin.

Edrington is headquartered in Scotland and employs over 2,800 people in its wholly owned and joint venture companies, with over half employed outside the UK. We distribute our brands to more than 100 countries around the world, primarily through wholly owned Edrington businesses, and supplemented by joint ventures and third-party distribution agreements.

Edrington’s principal shareholder is The Robertson Trust, which has donated £421 million to charitable causes in Scotland since 1961. Our business is underpinned by the Edrington values of giving, respect, integrity and excellence.