Allied Blenders Predicts Volume Drop After New Excise Duty Changes

Allied Blenders & Distillers, the company behind Officer's Choice whisky, thinks they might sell a lot less booze because of a new tax.

They think sales could drop by up to 30%.

But, they also see a chance to grow with new licenses.

They want to sell more expensive brands and aim to increase profits while keeping their best-selling whisky popular.

The company has been doing well, with better profits and a growing stock price.

They plan to keep an eye out for new chances to grow.