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Article: Profits galore.(Alex Short, William Grant and Sons)(Interview)
- Article from:
- Financial Director
- Article date:
- March 29, 2007
- Author:
CopyrightCOPYRIGHT 2007 Incisive Media, published with the permission of Incisive Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Andrew Sawers
Profits galore
A single malt whisky takes 12 years to produce -- leaving plenty of time for William Grant & Sons FD Alex Short to distil his own blend of growth and profit
words andrew Sawers Portraits Nick Sinclair
There aren't many family businesses that survive intact through five generations, but William Grant & Sons is one of them. In fact, forget about surviving: the business behind the best-selling Glenfiddich single-malt whisky is positively thriving, throwing off so much cash that it recently paid a special dividend worth [pounds sterling]200m to the few dozen descendents of the founding Grant and Gordon ...