Excise hike slammed despite Jameson success
In that timeframe â the first half of parent group Pernod Ricardâs latest financial year â Jameson, one of the French drink giantâs key global brands, saw either double or triple digit percentage sales growth in 54 markets.
However, its owners â via local subsidiary Irish Distillers â yesterday joined Heineken in criticising the Government over policy.
Irish Distillers called for a reversal of the 15% increase in excise on spirits, introduced in the budget.
This, along with the previous budgetâs 20% hike, has had âa severe impact on the Irish marketâ, the company said.
âWhile we recognise the financial constraints that the Government is under, the recent series of punitive increases imposed on this vital part of the agri-food industry will have serious consequences, not only for established producers such as Irish Distillers but for new start-up Irish whiskey distilleries, publicans, retailers, and all of their employees,â said Irish Distillers chief executive Anna Malmhake.
She added that the country cannot afford to be âblindedâ by positive figures showing food and drink exports reaching record values of nearly âŹ10bn last year.
âThe question we must now ask is how sustainable is this growth without a solid local market in which to support home-grown brands such as Jameson and to develop new market entrants.â





