Irish Distillers reports global net sales for H1 FY24
Irish Distillers, producer of the world’s most well-known and successful Irish whiskeys, has today announced results for the first half of the 2024 financial year with the business experiencing -1% net sales across its portfolio of Irish whiskeys in the six months to the end of December 2023. The results reflect strong value generation and resilient performance overall, on a high comparison basis from H1 FY23.
Jameson, a top 3 best-selling world whiskey brand and a top 10 international spirits brand[1], reported steady net sales globally in the first half of the financial year. Jameson delivered market share gains in North America, continued acceleration in Asian markets including India, Korea, Japan and China and achieved overall growth in Europe with dynamic growth in Ireland, UK, France, Germany, Greece, Poland and Spain.
Commenting on the results, Nodjame Fouad, Chairman and CEO at Irish Distillers said:
“Our half year financial results reflect a resilient performance overall when compared to the high comparison basis from H1 2023. Global net sales of Jameson were steady in the first six months of the financial year, and we saw continued acceleration in Asian markets and growth in Europe. We remain confident in our growth strategy of diversifying our portfolio of Irish whiskeys and further developing brand affinity for Jameson in mature markets, while growing our geographic footprint across emerging and new markets.”
