Scotland business

Whisky company William Grant toasts turnover rise

Bottle of Tullamore Dew
Image caption The company said it planned to turn Tullamore Dew into an "iconic brand"

Spirits firm William Grant & Sons has reported a 40% rise in turnover to £838.3m.

Pre-tax profits fell from £129m to £114m due to one-off charges.

The company said the growth came from its core brands, which include Glenfiddich malt whisky and Hendrick's Gin.

The group recently bought the Irish whiskey Tullamore Dew and said it had plans to turn it into a "truly iconic brand".

William Grant said it continued to invest in its core brands and had set up a marketing office in India to manage them across the sub-continent.

Stella David, William Grant & Sons' chief executive, said: "We remain focused on becoming the most coveted branded spirits company in the world and shall continue to invest in Glenfiddich and our other core brands to secure the long-term future of the business."

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