BrewDog story gets better and better

BrewDog 's plant in Ellon
BrewDog 's plant in Ellon

BrewDog is continuing to go from strength to strength.

The Ellon-based craft brewer saw profits soar by 69% to £4.9 million last year.

Our growth has shown that with a healthy disregard for the impossible you can achieve anything

James Watt BrewDog co-founder

Turnover reached nearly £30 million, which was an increase of 64% on the previous year.

It was the company’s sixth consecutive year of record growth.

Launched in 2007, the brewery now exports to 55 countries around the world and employs 360 people.

Last year BrewDog expanded its facility in Ellon, adding new fermentation capacity, building new office buildings and its on-site bar, DogTap.

The firm’s growth is due in part to its record-breaking crowd-funding scheme Equity for Punks.

The brewery closed a third round of the scheme in December, 2013, after raising £4.25million from “fanvestors”.

Co-founder James Watt said: “2014 was an epic year for BrewDog and the craft beer industry as a whole.

“Not only did we continue to grow at breakneck speed and secure more footholds of craft beer all around the world, but we were able to improve processes and efficiencies to ensure we deliver the optimum flavour experience every time.

“Our growth has shown that with a healthy disregard for the impossible you can achieve anything.

“When we launched in 2007, we never expected to be where we are today, but our success continues to prove that there is an insatiable thirst for great craft beer, and a huge opportunity for businesses doing things differently to thrive in challenging economic times.”

He added: “BrewDog is committed to being the best employer ever. The living wage is one of many initiatives we are implementing to ensure the passion and dedication of our awesome team is always rewarded.

“We have done well so far, but we are just getting warmed up.

“For 2015 we have mammoth plans that will really set the world alight.”

Last month the brewer received a major boost when it received a £1.5 million grant through Regional Selective Assistance (RSA).

Deputy First Minister John Swinney made the announcement when he visited the Ellon plant.

The funding is set to create 130 new jobs.

They will be spread across a number of sections of the company including, packaging, production, logistics, sales, marketing and finance.

BrewDog currently employs around 90 people in Ellon.