Chivas Brothers, the Scotch Whisky business of Pernod Ricard, today announced a £88 million investment into Aberlour and Miltonduff, two of its strategic single malt distilleries. The investment will go into upgrading sustainable distillation technologies at the Speyside distilleries along with significant production capacity expansions to meet the growing global demand for Scotch. The distillery […]
Chivas Brothers doubles down on the future of sustainable Scotch as global growth continues with FY sales +25%
Chivas Brothers, the Scotch whisky business of Pernod Ricard, has today announced its FY22 (July 2021 – June 2022) full-year performance and confirmed its focus on sustainability, following the Pernod Ricard FY22 Full-Year Sales and Results.
- The results confirm a significant increase in global whisky demand with net sales up +25%, from both mature markets (+16%) and emerging markets (+34%)
- All four of the whisky maker’s strategic international brands recorded record global growth, with key highlights from Chivas +29%, Ballantine’s +27%, Royal Salute +38%
- Sales were particularly robust in emerging markets with Brazil (+56%) and India (+43%) leading the way
- Strong results will help Chivas Brothers to continue to invest in portfolio innovation and the sustainable future of Scotch, particularly in the industry-leading target of achieving carbon neutrality by 2026
- The company shared progress on commitments to achieve 100% recyclable, reusable, compostable packaging by 2025. Plans to remove 2,000 tonnes of cardboard in the next fiscal year will begin with the removal of Chivas 12 cartons from autumn 2022
The full press release in PDF format and hi-res images to accompany this story are available for download below (simply click the thumbnail to download the full version)