Glasgow brewer reports 50% rise in sales
Published by Anne Marie Hughes on Sat 09 Jun 12 @ 22:15
The brewery behind Glasgow's iconic WEST bar and restaurant has reported an almost 50% increase in sales.
Noah Beers, saw its revenue jump from £1.1million to £1.65m in 2011 as on-trade sales began to accelerate. The company also confirmed its first export deal, with a container of its lagers recently shipped to Italy.
Around half of Noah Beer's income comes from a Munich-style beer hall in the former Templeton carpet factory building on Glasgow Green, with the rest being made through on and off-trade sales. While beer sales have been accelerating, the company said that its brewing facilities are now running at full capacity.
Negotiations on a long-planned-for £6.6m new brewery in Glasgow are understood to be progressing, and a more detailed announcement is expected later this year.
No figures are available for pre-tax profits figure but operating profit grew from £750,000 to £1.2 million.
A new 4% lager has been launched into the on-trade and may become the first product to go into cans rather than bottles.
The company uses the Reinheitsgebot standards, which were set down in 1516.
Only four core ingredients - water, malt, hops and yeast - are used to brew the beers, with no artificial additives or colouring.