Business
Trading Update and Notification of FY Results Date
The Artisanal Spirits Company plc announced that trading for the year ended 31 December 2025 was in line with expectations, with improved performance in the second half across key markets including the UK, Europe, USA, and China. The Scotch Malt Whisky Society maintained 40,000 members with over 70% retention and recruited over 11,000 new members globally, while online bottle sales in Europe saw single-digit growth and UK venues experienced mid to high single-digit revenue growth. Single Cask Nation achieved double-digit revenue growth despite a postponed shipment, and cask sales also saw double-digit revenue growth, supported by the new Artisan Cask brand. The company will publish its full-year results on 30 March 2026. Disclaimer*
About this update from Artisanal Spirits Company Plc
22 January 2026 The Artisanal Spirits Company plc ("ASC") or ("the Company") Trading Update and Notification of FY Results Date The Artisanal Spirits Company (AIM: ART), the creator of outstanding, limited-edition whiskies and experiences around the world, and owner of The Scotch Malt Whisky Society ("SMWS" or "the Society"), Single Cask Nation ("SCN"), J.G. Thomson and Artisan Casks announces a pre-close trading update for the year ended 31 December 2025 ("FY25"). Trading Update: The Group announces that trading in the year ended 31 December 2025 was in line with expectations with in-market trading improving in H2 versus H1 in the key geographies of UK, Europe, USA and China. Scotch Malt Whisky Society: Underlying1 membership was maintained year on year at 40,000. Retention remained strong, at just over 70%, demonstrating the continued strength o.f the SMWS proposition to existing and prospective new members. Importantly, member recruitment saw strong performance in key markets such as the UK and China - with both geographies experiencing a record year for underlying recruitment. In total over 11,000 new members were recruited globally. Member engagement also improved with online bottle sales volumes in Europe (inc. UK) moving from broadly flat in H1 to single digit growth in H2 and the UK Venues continued their consistently strong performance throughout FY25, with mid to high single digit revenue growth in each quarter of the year. Furthermore, the rate of revenue decline in China slowed in H2. The US market, which remains the world's largest market for Scotch Malt Whisky, moved into positive territory to deliver mid-single digit growth in Q4. Single Cask Nation: SCN delivered double digit revenue growth. This is despite the temporary postponement of a sizeable shipment, representing c10% of FY SCN sales, into early January 2026 as a result of the US Government shutdown at the end of last year as previously announced on 20 November 2025. Cask Sales: Cask sales remained strong and achieved double digit revenue growth with continued delivery of trade cask sales and swaps, supported by encouraging early results for the Artisan Cask brand following its launch in mid-2025. Notification of Full Year Results Date The Group will publish its Full Year Results for...
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