Angostura reports over $100m in profit

Angostura Holdings Ltd has unveiled impressive financial results for the nine-month period ending September 30, 2025, showcasing robust growth across key metrics. The company reported $757 million in revenue and a $145 million profit before tax, with profit after tax climbing 10 per cent to $104 million. Total assets expanded by six per cent year-over-year to $1.9 billion, supported by a low debt ratio of 0.16. Earnings per share also rose from $0.46 to $0.51, reflecting the company’s strong performance. The international segment experienced significant growth, with Branded Rum sales surging 182 per cent and Angostura Chill sales increasing by eight per cent. Exports now account for 45 per cent of total group revenue, while domestic growth rose by three per cent, driven by the launch of new ready-to-drink products. Operating activities generated $124 million, up from $113 million, and finance income grew by 42 per cent due to strong returns from US dollar investments. Recently appointed chairman Gary Hunt expressed optimism about sustaining long-term growth and maximizing shareholder value through innovation and operational excellence. The company’s board underwent significant changes in 2025, with six former directors resigning in June and five new members appointed in August. These changes delayed the approval of a final dividend of $0.28 per share, originally scheduled for July 31, 2025. Angostura’s financial momentum continues, having achieved $33 million in profit before tax in the first quarter of 2025 and surpassing $1 billion in revenue for the financial year ended December 31, 2024.