Artisanal Spirits' sales and profit held back by US government closure
Artisanal Spirits on Monday backed full-year guidance with growth in Asia and America so far in 2026 offsetting a slower start in Europe.
The Edinburgh, Scotland-based distiller of single-cask and limited-edition whisky said its pretax loss stretched to £7.0 million in 2025 from £3.1 million the year prior, as revenue fell 16% to £19.9 million from £23.6 million.
Losses before interest, taxes, depreciation and amortisation were £2.4 million compared to earnings of £1.1 million in 2024.
Artisanal Spirits said the disruption caused by the US government shut down in the US in the fourth quarter of 2025, impacted revenue by £2.4 million and Ebitda by £1.8 million.
Looking ahead, the firm said the start to 2026 has been solid, with full-year guidance unchanged, and trading in line with expectations.
‘Cask sales growth alongside year-on-year revenue improvements in Asia and America are offsetting a slower start in Europe where consumer confidence remains subdued,’ it added.
The group said it holds no direct exposure to the current conflict in the Middle East, ‘given we do not sell directly to any of those key geographies’.
No dividend was declared during the period, unchanged from the prior year.
Shares in Artisanal Spirits were up 3.8% to 32.70 pence each in London on Monday.
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