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BrewDog Loses £37m as Sales Growth Slows and Interest Payments Soar
The Guardian
|September 06, 2025
BrewDog lost nearly £37m last year as sales growth ground to a virtual halt, capping a rocky period in the wake of its outspoken founder James Watt's departure as chief executive.
In the past few months, the self-styled "punk" beer company's drinks have been dropped from 2,000 pubs as customers opted for rival brews. It has also shut 10 of its own bars, citing tough trading. Watt's co-founder, Martin Dickie, announced his own departure last month.
BrewDog's shareholders, whom it calls "punks", received an update outlining the company's financial position on Thursday.
Sales growth was up by less than 1% to £357m, a marked slowdown for a brewer that has been noted for the meteoric growth it racked up as it took on - and often matched - large global beer corporations.
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