Adnams has reported a loss for the first half of 2018, despite an increase in turnover, as it beds in new investments.
Adnams’ own beer volumes are up by 4.8% on 2017, and its own spirits are up by 6.3%, the company reports today.
Chairman, Jonathan Adnams, said: “Adnams beer sales continued to outperform the market in the first six months of 2018, with good growth in kegged, bottled and canned beers. Our 4.8% increase compares to an overall market increase of 1.3%.
“The cask beer market was 8.4% down in the first half of 2018, and our volumes too were lower, though we again saw good growth in Adnams Ghost Ship. Ghost Ship became our best-selling beer in 2016 and remains the key driver of our volume increases, though we also saw encouraging growth from Mosaic Pale Ale and other recent products.
“The £7 million investment that we made in fermentation capacity, beer conditioning, filtration and automated kegging completed in 2017. This is vital for our ability to meet the changing demands of today’s customers and their growing interest in different styles of beer.”
