BrewDog CEO confirms no current IPO plans, focusing on profitability and global expansion
From Yahoo Finance: 2025-06-25 08:45:00
BrewDog CEO confirms no current plans for IPO, focusing on profitability after returning to profit in 2024. Former boss James Watt had considered IPO but lacked detailed plans. Company saw 400% increase in adjusted EBITDA to £7.5m in 2024, with flat gross revenue at £357m. CEO Taylor cites operational streamlining and improved efficiency for turnaround.
Despite return to profit, BrewDog expecting pre-tax loss in 2024, with no dividend declared. Taylor promoted from CFO to CEO in March, bringing financial and strategic expertise. Taylor’s experience at Mayborn Group seen as asset for BrewDog’s profitability and global expansion goals. Company emphasizes focus on innovation in beer market.
Taylor focused on strategy and delivery, steering away from IPO plans for now. Company’s strong brand and quality craft beer driving historic highs in UK market share. BrewDog continues global expansion efforts, with eye on profitability and innovation. Former boss Watt’s plans to donate shares stymied by market uncertainty.
Read more at Yahoo Finance: Brewdog IPO ‘not on radar for now, says CEO’