After-tax profits surged to £444 million, up from £331.3m in 2022, while revenue climbed to £1.962 billion from £1.721bn.

The company attributed this strong performance to its “increasingly effective and efficient organisation” and continued investment in its brands, citing the launch of Glenfiddich Grand Yozakura and the acquisition of Silent Pool Distillers as key highlights.

William Grant & Sons CEO Søren Hagh said: “Despite 2023 being a year faced with supply-chain challenges and macroeconomic shifts, we are proud of the growth delivered across our portfolio of leading brands and look forward to continuing to build an ever-stronger company that delivers for our customers and consumers.”