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Distillery future remains unclear |
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http://www.shetlandtoday.co.uk 2 May 2008 CHANGES are afoot at Blackwood Distillers amid continuing uncertainty over its stalled six-year-old plan for a whisky distillery in Shetland. Change in the ownership of the five Blackwood-related companies in recent months has seen several directors and prominent staff members leave. Annual accounts for all the companies are now up to five months overdue at Companies House and founder/chief executive Caroline Whitfield has not been responding to media phone calls for some time. |
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SWA Press Release 30 April 2008 |
Global Demand for Scotch at a Record High
- New export records set in 2007
- Exports earn £90 every second for UK balance of trade
- Equivalent of over one billion bottles shipped overseas
Scotch Whisky exports earned £90 every seco nd for the UK last year, with the value of shipment s
increasing by 14% to reach a new record of £2.8bn, according to figures published today by The
Scotch Whisky Association (SWA).
The SWA revealed e xport volume was also at a historic high in 2007, growing 8%, with the
equivalent of 1,135 million bottles of Scotch Whisky shipped overseas.
Bottled Blended Scotch Whisky exports broke the £2bn barrier for the first time, with shipment
value up 15% (to £2.22bn). Bottled Malt exports also rose by 11% in va lue (to £454m).
Exports to most regions increased over the year , with shipments to Central & South America
(+4% in value), Asia (+4.5%), North America (+5.5%) and the European Union (+27%) all
growing. Tariff reform in the middle of 2007 gave exports to India - a key emerging market - a
welcome boost, up 36% in value (to £33m). South Africa’s rapid rise into the industry’s top ten
markets continued, with exports up a further 9% in value (to £91m).
SWA Chairman, Paul Walsh, said:
“ This record export performance - generating £90 every second for the UK balance of trade - underscores just how important Scotch Whisky is to our economy.
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Pernod Ricard Press release - Paris, 30 April 2008 |
30/04/2008 : Sales for 9 months to 31 March 2008: € 5,091 million
- Highly dynamic sales (+9.3% nine month cumulative organic growth)
- Continuing strong growth in the 3rd quarter: (+7.1% organic growth)
- Confirmed profit growth guidance for the 2007/08 financial year
Press release - Paris, 30 April 2008
Pernod Ricard consolidated net sales (excluding duties and taxes) for the first nine months of its 2007/08 financial year (1 July 2007 to 31 March 2008) increased by 3.9% to € 5,091 million, compared to € 4,898 million in the previous financial year. This growth resulted from the following:
• a very strong 9.3% organic growth,
• a 1.6% negative group structure impact, due to disposals (Rich &
Rare Canadian whisky and Lawrenceburg distillery) and the end of
co-packing for Fortune Brands,
• a 3.6% negative foreign exchange impact. The sharp fall in the US
Dollar, the Korean Won, the Pound Sterling and the Chinese Yuan
compared to the Euro during the third quarter of 2007/08 will
increase the overall currency effect for the year. The negative
currency impact at current exchange rates should be between € -100
and € -110 million on the full year operating profit from ordinary
activities.
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