Scotland business

Beer firm Innis and Gunn toast profits

Innis and Gunn products
Image caption The company is hopeful that the US could become its biggest export market

The Edinburgh-based independent brewer Innis & Gunn has announced a 64% increase in turnover for 2011.

Publishing its results for 2010, which saw turnover rise by 20%, the company said the increase was down to a seven-figure investment in operations.

During 2010, exports outstripped domestic sales, accounting for £3.9m of turnover by value - up from £2.9m in 2009.

International sales in 2011 accounted for 80% of turnover.

Managing director, Dougal Sharp, said: "There is every chance the US could become our biggest export market in the not too distant future.

"The US has just surpassed one million bottle sales in only 12 months of trading - a real landmark for our business."

Innis & Gunn was set up in 2003 as a joint venture with the drinks firm, William Grant.

In 2008 there was a management buy-out and the business is now under family ownership.

Innis and Gunn is the best-selling British bottled beer in Canada, and the number two bottled import ale in Sweden.

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