Shed Distillery Of Co. Leitrim Records Increase In Revenues For 2020
The Shed Distillery of Co. Leitrim has recorded an increase in revenues for 2020.
According to The Irish Times, The Shed Distillery's sales increased to €10 million last year from €8 million the previous year while its pre-tax profits increased slightly to €1.93 million.
The Shed Distillery, which was founded by PJ Rigney in 2014 and is known for producing Drumshanbo Gunpowder Irish Gin The family-owned business, opened a €3.5 million visitor centre in Co. Leitrim last September, which subsequently had close due to COVID-19-related business restrictions.
However, according to The Irish Times, the distillery is aiming to attract 30,000 people to its visitor centre by 2023, and Rigney reportedly has estimated that it will generate approximately €3 million in income for the local economy.
The Irish Times quotes Rigney as saying, "We have plans to create another 25 jobs to bring the workforce here to 75 as part of a significant investment in our brands and the community and we can’t wait to see visitors arriving here.
"We distil every drop of spirit here in Co. Leitrim so we have an authentic, exciting distillery with a great story to tell."
Drumshanbo Gunpoweder Irish Gin Sales
According to The Irish Times, an estimated 180,000 nine-litre cases of Drumshanbo Gunpowder Irish Gin were shipped last year, and Rigney said that the brand performed well last year on the back of it having already become a popular brand in a number of markets, including in the US, where Nielson has ranked it among the fastest growing among 1,500 gins.
Additional Rigney Statement
The Irish Times quotes Rigney as saying, "We were very frightened at the start of the pandemic about what would happen to us but ended up being surprised and delighted at how well our brands performed in supermarket chains, off-licences and online.
"I think we're really well positioned to make further gains as societies around the world open up again. In a country of around five million people, the local market is not big enough but we’re thrilled by how well we’ve done at home and by the recognition we’re getting globally."
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