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Insider UK
Insider UK
Business
John Glover

BrewDog reports £5.5 million loss, while revenue rises to £286 million

BrewDog has reported a £5.5m operating loss for last year - although this was down from a £6.8m loss in 2020 - with the business blaming bar closures during the pandemic and increased internal investment.

The Ellon-based brewery invested £13m into its venue expansion, with seven new bars and two new hotels, alongside two new bars with its franchise partners in four different markets. It is still planning to open 30 new venues during 2022.

It also reported "significant investment on sustainability and cutting carbon emissions", including the construction of an anaerobic digester plant, to recycle waste by-product from brewing to generate gas on-site, as well as the development of its Lost Forest tree-planting estate and expanding the electric vehicle fleet.

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