Allied Glass has revealed it expects 2012 sales to exceed £100m. The company, which has reported increased revenue of £97M to 31 December 2011, said its performance was being driven by rising demand in emerging markets. Revenue in 2011 had increased by 13% from £86M in the previous year. The sales rise has been fuelled by demand for spirits in emerging markets such as China, India, Russia and South America. Allied designs and manufactures bottles supplying many of the world's leading brands. Steve O'Hare, non-executive director of Allied Glass said: "Allied Glass is a great example of a UK manufacturer that has benefited from the growth of consumer spending in the BRIC countries and other emerging markets. The company's strength lies in its manufacturing expertise, which is clearly attractive to the leading beverage firms it supplies because of the complexity of many of the glass designs. I am confident that the growth will continue through 2012 and I expect the business to break the £100M mark before the end of the year."
