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Irish Distillers Results – six months ending 31 December 2022

February 16, 2023

  • Jameson sold 6.4M cases with volume growth of 11% in H1 FY23
  • Jameson sales in the US exceeded 2.5 million cases in H1 FY23
  • Irish Distillers’ prestige portfolio experienced +26% volume growth in the first half of the financial year driven by the Redbreast Family (+20%), the Spot Range (+38%), Midleton Very Rare (+45%), Method and Madness (+50%) and Knappogue Castle (+39%)
  • Powers recorded volume growth of +15% in H1 FY23 with strong sales in the US (+68%).

Irish Distillers, producer of some of the world’s most well-known and successful Irish whiskeys, has today announced results for the first half of its financial year (ending 31st December 2022).

The results show strong growth across its portfolio of Irish whiskeys in the first six months of the financial year, led by Jameson with sales of 6.4 million cases (+11%).

Jameson remains the fastest growing Irish whiskey in the world and one of the Top 5 International whisk(e)y brands in the world[1]. Irish Distillers’ half year results demonstrate the continued growth of the brand globally.

In the six months to the end of December 2022, Jameson recorded volume growth in key markets including the US (+8%), South Africa (+21%), Global Travel Retail (+43%), Ireland (+11%), India (+47%), and Poland (+66%).

Irish Distillers’ prestige range of whiskeys experienced volume growth of 26% in the first six months of the financial year driven by the success of the Redbreast family (+20%) which having surpassed 100,000 cases in 2022, demonstrated growth in key markets including the US (+32%), Ireland (+7%) and Global Travel Retail (+22%).

Similarly, the Spot range of single pot still whiskeys continues to develop its loyal consumer following, demonstrating overall portfolio growth of +39% driven by a strong performance in the USA (+35%), Ireland (+50%), Global Travel Retail (+124%) and Canada (+119%).

The celebrated Powers Irish Whiskey brand recorded volume growth of +15% compared to last year, predominantly driven by accelerated growth in the US (+68%) which was supported by a new import and distribution agreement with Lafayette Imports.

Nodjame Fouad, Chairman and CEO at Irish Distillers said:

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“Today’s results demonstrate the strength of our portfolio of Irish whiskeys. I am incredibly proud of the work of the teams both here in Ireland and globally who are driving the growth of Irish Distillers’ portfolio in markets around the world and I would like to thank them for their continued creativity and dedication. As we look to the next six months of our financial year, we are encouraged by our half year results.”

[1] https://www.thespiritsbusiness.com/2022/07/top-10-biggest-selling-world-whisky-brands/

For further information contact:

Deirdre Connolly |Edelman | 085 2449804| [email protected]

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