Surrey gin manufacturer Brockmans has announced an 87% total revenue growth to £5.4 million for 2016, as it continues its international expansion.
Brockmans is the fastest-growing super-premium gin brand in Spain, according to AC Nielsen data, having grown at an average annual rate of 60% since launching there in 2010. This growth is expected to accelerate after a new distribution agreement with Spanish drinks company Osborne Distribuidora, which covers the Balearic and Canary Islands, Gibraltar and Andorra as well as mainland Spain.
Neil Everitt, Brockmans' joint founder and chief executive, said the group was seven years into a 10-year plan to boost sales to 100,000 cases a year. "We saw strong sales growth in our existing, core markets and also expanded into exciting new markets," he said.
"Our home market of the UK was the real star turn with volumes boosted by more than 50 new retail and wholesale customers. The UK market for super-premium gin is expected to have overtaken Spain during 2016 and is forecast to keep growing rapidly. That trend, combined with Brockmans' own continued rapid growth, will likely make the UK our biggest market within the next few years."