Teeling Whiskey sales treble

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Profits are rising at Teeling Whiskey - its accounts show pre-tax profits increased by 75% in the past financial year to just under €3m on sales that trebled to €25m.

The company opened its own distillery and visitor centre in Dublin’s Liberties last year and currently employs 24 people.

Teeling spent €10m creating the capital’s first fully operational distillery in over 125 years - during its first year it welcomed 60,000 visitors.

Brothers Jack and Stephen Teeling, sons of businessman John Teeling, are behind the project. Their ancestor Walter Teeling had a distillery on Marrowbone Lane in the 18th century.

The Teeling Trinity range of Irish whiskeys all won Gold, while the Teeling Single Grain won Best in Class and the Teeling Small Batch scooped the top prize for Irish Whiskeys under €60 at the 2016 Irish Whiskey Awards.

Irish whiskey is back in fashion - the Irish Whiskey Association, an IBEC group, reported last year that Irish whiskey exports would double by 2020, and double again by 2030.

"This is a really exciting time for Irish whiskey as the industry continues to evolve. Looking ahead to the next year, we will continue to innovate and release new expressions of Teeling whiskey as well as further expand on our presence overseas," Jack Teeling recently commented.

 

Joseph Conroy, Newstalk.com 
Additional reporting by Vincent Wall

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