Jameson growth leverages Irish Distillers Pernod Ricard revenue

Business, Finance | Thu 27 Aug | Author – Business & Finance
Anna Malmhake
Anna Malmhake, CEO, Irish Distillers Pernod Ricard

Irish Distillers Pernod Ricard has recorded a successful financial year internationally due to the global growth of Jameson Irish Whiskey and the single pot still range.

Jameson is now in its 26th year of consecutive growth, with the company and the number one Irish whiskey is experiencing double and triple-digit growth in 53 markets worldwide.

Irish Distillers has recently invested over €200m doubling production capacity in its Midleton Distillery in Cork and Fox & Geese bottling facility in Dublin, and expects to have to double capacity again in the coming years to meet global demand for its products.

Irish Distillers continues to lead a growing resurgence in Irish whiskey through its iconic Jameson brand and its growing portfolio of premium single pot still Irish whiskeys.

Commenting on the performance, Anna Malmhake, CEO said: “As one of Ireland’s thriving exports, Jameson is playing a key role in the export led recovery of the Irish economy as we continue to embrace this progress by honouring our heritage while also delivering new and innovative expressions of Irish whiskey.

Malmhake believes the outlook for the Irish industry is concerning. “The price of alcohol in Ireland is now the highest in the EU at 178% of the EU average (Eurostat), however, this has only served to damage the industry and increase costs for responsible drinkers. A reduction in excise would give welcome relief to both hard working Irish consumers and the tourist trade visiting our country while also stimulating the growth of an industry which has huge opportunity for job creation.”