Ian Macleod Cut Production 30% at Glengoyne and Rosebank. Pre-Tax Profits Fell 45.8%.

Ian Macleod Distillers cut annual production at its Glengoyne and Rosebank distilleries by 30% in the year to 30 September 2025, citing a “lower forward demand outlook” for Scotch whisky. The company’s accounts, filed with Companies House, show group turnover fell 8% to £118.0 million while pre-tax profits slumped 45.8% to £8.6 million. Production at Tamdhu, its third Scotch distillery, “remained at reduced output levels” following engineering works, with management noting that “the broader trend is that Tamdhu’s output profile will mirror that of the other two distilleries.”