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Trials in spirits sector hit maltings firm's revenues
The Journal
|September 30, 2025
WIDER challenges in the spirits sector led to a fall in revenues and profits at Northumberland firm Simpsons Malt.
The Berwick company has released accounts for 2024 in which turnover fell from £301.3m a year earlier to £264.1m.
Over the same period, operating profit came in at £15.2m, having been £20.5m previously.
The company said it had seen sales growth for plain and peated malt but it had had to contend with increased energy and other inflationary pressures, decreased whiskey exports and increased UK taxes.
This story is from the September 30, 2025 edition of The Journal.
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