Edinburgh-based Artisanal Spirits Company (ASC), creator of limited-edition whiskies, said cask sales remained strong in 2025 and achieved double digit revenue growth “with continued delivery of trade cask sales and swaps, supported by encouraging early results for the Artisan Cask brand following its launch in mid-2025.”

Artisanal owns The Scotch Malt Whisky Society (SMWS), Single Cask Nation (SCN), J.G. Thomson and Artisan Casks.

In a trading update for the year ended December 31, 2025, Artisanal Spirits said trading in the year was in line with expectations “with in-market trading improving in H2 versus H1 in the key geographies of UK, Europe, USA and China.”

At the Scotch Malt Whisky Society, underlying membership was maintained year on year at 40,000.

“Retention remained strong, at just over 70%, demonstrating the continued strength o.f the SMWS proposition to existing and prospective new members,” said Artisanal.

“Importantly, member recruitment saw strong performance in key markets such as the UK and China – with both geographies experiencing a record year for underlying recruitment. In total over 11,000 new members were recruited globally.

“Member engagement also improved with online bottle sales volumes in Europe (inc. UK) moving from broadly flat in H1 to single digit growth in H2 and the UK Venues continued their consistently strong performance throughout FY25, with mid to high single digit revenue growth in each quarter of the year.

“Furthermore, the rate of revenue decline in China slowed in H2. The US market, which remains the world’s largest market for Scotch Malt Whisky, moved into positive territory to deliver mid-single digit growth in Q4.”

Artisanal said Single Cask Nation delivered double digit revenue growth. “This is despite the temporary postponement of a sizeable shipment, representing c10% of FY SCN sales, into early January 2026 as a result of the US Government shutdown at the end of last year as previously announced on 20 November 2025,” said Artisanal.