BrewDog saw turnover rise 61% to £71.9m in 2016 with pre-tax profits up 19% to £3.2m.
Co-founder James Watt told The Herald newspaper that the group planned to open 10 new bars this year and was eyeing Asia as its next territory.
UK revenue rose by 75% to £58.5m last year with sales in Europe up 14% to £9.8m and in the rest of the world by 89% to £3.6m.
The company’s spend on property and equipment increased in 2016, from £17.6m to £21.4m. The company’s cost of sales grew by 69%, from £27.8m to £47.1m, and overheads rose by 47%, from £14.1m to £20.7m.
Watt said: “In 2016 we grew strongly with our overall revenue up 61% on 2015. This growth was however constrained by capacity as our new 300 [hectolitre] brewhouse in Ellon only came online in September.
“We are forecasting strong revenue growth for 2017 as we can now take advantage of the capacity we have built in Ellon and also our new brewery in Columbus coming online.
“We have invested significantly in capacity and for the first time in our history we actually have excess capacity in our brewery in Ellon, meaning we can continue to grow strongly over 2017 and beyond.”
On future growth, he added: “China is on course to be one of our biggest export markets in 2017 and we also have significant distribution in Japan and South Korea,” he said.
“Given the proximity from our Ellon brewery, we feel we can only really take advantage of the Asian opportunity by having a brewery in Asia and we are now actively looking at locations and opportunities in the regions.”
