BrewDog reports on AGM

Scottish craft brewer and bar operator, BrewDog held its eleventh annual general meeting on Saturday, streamed live via YouTube, and attended by Equity Punks and loyal fans from around the world.

The event, hosted by Cofounders James Watt and Martin Dickie (pictured), shared BrewDog’s financial reports from 2020.

The brewer shared its plans to further reduce its carbon offset - as it tackles its emissions head on, via its Lost Forest. The site, located West of Aviemore, will play host to the biggest reforestation project the UK has ever seen as BrewDog looks to plant millions of native trees, and create a bio-diverse broadleaf woodland and ecosystem.

Last year, despite the difficulties presented by the global coronavirus outbreak, marked a 10% growth in its overall revenues, as they hit £238m.

Ecomm sales provided further firepower growing thirteen times on those in 2019 as its online shop broke all existing business records - shipping 242 million cans in 2020.This remarkable business growth saw BrewDog named the 18th most valuable beer brand, Brand Finance in its alcoholic Drinks 2020 report.

2021 marked BrewDog’s most successful crowdfunding raise in its history. The current raise target set at £25m, increased from its initial goal of £7.5m has seen the brewer recruit 54,115 new investors to its ever growing cohort of Equity Punks.