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Drumchapel High School Edrington Group business study November 2011

Drumchapel High School Edrington Group business study November 2011. Contents. Page Purpose 3 Who we are 4 What we do 9 The world we work in 13 Financial highlights 15 Current issues 18. Purpose.

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Drumchapel High School Edrington Group business study November 2011

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  1. Drumchapel High SchoolEdrington Group business studyNovember 2011

  2. Contents Page Purpose 3 Who we are 4 What we do 9 The world we work in 13 Financial highlights 15 Current issues 18

  3. Purpose • The Edrington Group has been invited by the Scottish Food & Drinks Federation (‘SFDF’) to assist Drumchapel High School in its curriculum of business management. This assistance will comprise development of practical or ‘real life’ teaching lessons to complement the existing curriculum. • The key objectives of this exercise are: • To provide insight into how a local business operates • To tie curricular learning to practical, real-life examples • To convey the opportunities which exist in the Scottish food & drink industry across learning disciplines • This presentation provides an introduction to The Edrington Group and covers what the business is, does and how it is affected by external factors. The overview will give context to the more specific areas of study which reconcile to the topics included in the curriculum.

  4. Who we are

  5. Group profile controlling interest • The Edrington Group is a private, Scottish company engaged in the distillation, blending and bottling of Scotch whisky and rum. • It is owned by the Roberston Trust, a charitable organisation established in the 1960’s by the grand daughters of William Robertson, the company founder. • The Robertson Trust donates the profits it earns from Edrington to a variety of causes across Scotland. • The group employees over 2,000 people worldwide including almost 500 in Drumchapel. • Our operating principles reflect those of our founder – namely the 4i’s: Independence, integrity, involvement and innovation.

  6. Group history Highland acquires Grouse and Highland Park W A Robertson begins business in Glasgow Edrington acquires Highland Robertson Trust created 1880’s 1990’s 2000’s 1860’s 1930-60’s Highland acquires Macallan Key elements founded: -Clyde Cooperage -Clyde Bonding -North British Distillery -Highland Distilleries Edrington acquires Brugal and Cutty Sark

  7. Group structure Executive Board Human Resources Operations Finance & Admin Sales & Marketing Brands Innovation Finance Legal Commercial IT Supply chain Whisky Ops Compliance Distillation Blending Purchasing Bottling Logistics Cooperage Laboratory

  8. Geography Scotland Dominican Republic

  9. What we do

  10. The whisky process Barley Malting process Grist Grist mill Mash tun Washbacks

  11. The whisky process Fermentation Distillation Malting process Grist Distillation again! Maturation - at least 3 years Blending Bottling

  12. The whisky process Logistics Selling On-trade Off trade … we also make rum!

  13. The world we work in

  14. External factors LEGAL & REGULATORY ECONOMIC FACTORS WORKFORCE COMPETITION TECHNOLOGY ENVIRONMENT SOCIAL RESPONSIBILITY SUPPLY CHAIN POLITICAL ISSUES MARKET TRENDS

  15. Financial highlights

  16. Financial highlights – Performance • Steady growth in revenue and profitability • Driven by performance of existing business and by new acquisitions • Strong performance in light of current market conditions

  17. Financial highlights – Profile • Steady growth in net asset value of business • Growing levels of stock to meet increased demand • Higher level of debt to fund expansion – capital expenditure and new acquisitions

  18. Current topics

  19. In the news just now…

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