English wine producer Chapel Down toasts sales rise
English wine producer Chapel Down reported a 21% sales increase to £6.1 million in 2014 and it also brought in a record harvest to ensure the upward curve will continue.
The producer, which has vineyards in Kent and Sussex, also saw profits rise 175% to £187,000.
Its craft beer operation, which produces Curious Brew, is burgeoning, with sales up 43% from a small base, while it has also started making cider.
Chapel Down benefited from a £4 million cash injection it raised through a crowdfunding venture in September, allowing it to buy 132ha of land in Kent to plant new yineyards.
Chairman John Dunsmore said: “Last year was an excellent year with many achievements that have gone a long way to secure an exciting future.
“With sparkling wine still in relatively low growth due to stock shortage and beer growing so rapidly, our margins were slightly lower, though this was partially counteracted by growth in our shop and tourism business.”