Jack (left) and Stephen Teeling of Teeling Whiskey. Photograph: Patrick BolgerProfits slumped at Bacardi-controlled Teeling Whiskey last year during a challenging year for the sector, according to newly filed financial accounts. In the 2025 financial period, the distillery saw its turnover fall to €23.7 million, down nearly 14 per cent. The Irish whiskey sector endured a challenging period due to growing input and labour costs as well as overstocking issues, which was exacerbated by trade restrictions. Bacardi has accumulated substantial debt over the past two years after raising its stakes in Teeling whiskey and Ilegal mescal, bringing its debt-to-earnings ratio significantly higher than the company had targeted.

Source: The Irish Times January 05, 2026 14:36 UTC