Edrington flags softening demand for ultra-premium as 12-month sales dip again – results data

Full-year sales decline 3% to GBP855m (US$1.13bn)Company debt cut by 58% thanks to The Famous Grouse divestmentEdrington has noted a fall in volumes for its "higher-value prestige expressions" in its most recent financial year, when sales dipped by 3% on the corresponding period 12 months earlier.Earlier today (30 June), the privately-owned spirits group released its financial review for the year to the end of March, showing a top-line decline for the second year in a row after fiscal 2025's 10% slide. The single-digit slip was primarily due to what Edrington described as a "negative product m