The company’s turnover saw a 24% jump to £46.5 million, while pre-tax profits soared by 67% to £17.4m in the year ending February.

The standout success of the Gordon & MacPhail Generations release, a Glenlivet spirit from 1940, which was accompanied by a decanter designed by architect Sir David Adjaye and commands a price of £110,000, was a highlight in the company’s performance.

Ewen Mackintosh, the managing director, underscored the impressive results of their Benromach single malt, especially in Taiwan, China, and South Korea, with shipments up by 14.5% and sales value rising by 9.5%.

The company, based in Elgin, and established in 1895 by the Urquhart family, also owns the newly built Cairn distillery in the Cairngorm National Park, which began operations last October. Gordon & MacPhail’s commitment to the future is further evidenced by the renovation of their Elgin retail premises into a tourist site, featuring a rare whisky library and tasting rooms, to be completed next year.

The company has decided to only cask spirits from distilleries they own, with Mr Mackintosh highlighting their extensive inventory of maturing whisky as a promise of continued premium releases.

He told The Times: “It was a very strong performance but let’s not forget about the Cairn coming on stream and the investment going in South Street [the Elgin site]. Those investments are key to the future of the business.”