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The Guardian - UK
The Guardian - UK
Business
Rob Davies and Aneesa Ahmed

BrewDog posts £37m loss as sales growth slows to just 1%

A BrewDog pub in central London
A BrewDog pub in central London. The company is closing ten of its own bars because of tough trading conditions. Photograph: Vuk Valcic/ZUMA Press Wire/Shutterstock

BrewDog lost nearly £37m last year as sales growth ground to a virtual halt, capping a rocky period in the wake of its outspoken founder James Watt’s departure as chief executive.

In the past few months, the self-styled “punk” beer company’s drinks have been axed from 2,000 pubs as customers opted for rival brews. It has also shut 10 of its own bars, citing tough trading conditions. Watt’s co-founder, Martin Dickie, announced his own departure last month.

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