Tasmanian single malt whisky maker Lark Distilling Co lifted annual net sales 15.1 per cent to $18 million for the year ended June 30.
Export expansion and global travel retail channels drove the performance, offsetting softer broader consumer spending in mature domestic bottle shops.
Export Demand Drives Gains
International sales jumped 69 per cent to $1.8 million during the 12-month period. Global travel retail delivered $2.2 million in sales, representing an increase of 43 per cent over the prior year.
Lark now distributes its spirits across 10 Asian markets. Regional airport duty-free counters and specialty spirits retailers served as the primary entry points for the Tasmanian brand as it built overseas distribution volume.
Regional Premium Spirits Shift
Australian craft distillers are increasingly targeting Asia-Pacific travel corridors to find higher margin buyers for aged stock. Demand for premium brown spirits across North and Southeast Asia has created an opening for niche single malts outside traditional Scottish and Japanese categories.
Distributors will track whether Lark can sustain double-digit overseas momentum as additional export inventory arrives across its newer Asian accounts in the coming quarters.
