Beam Suntory has posted net sales of ¥739 billion (US$6.47 billion) in its third-quarter results, up 3.9% from the corresponding period last year.
The company has said that strong performance by its bourbon brands had led to ‘even faster growth’ for its Jim Beam Black, while also seeing ‘excellent initial results’ for its recently launched Jim Beam Vanilla, which was launched in August.
Looking ahead, Suntory released this statement: “For the period ending in December 2017, we are anticipating net sales of ¥2.72 trillion (up 2.6% year on year), with operating income of ¥201 billion (up 1.5% year on year).”
There was also growth in Suntory’s Japanese spirits unit, Suntory Spirits, which increased sales by 5% from the same period last year.
This news comes after Beam Suntory appointed Albert Baladi as its new chief operating officer.
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