Drambuie, the whisky liqueur company, has been hit hard by the economic crisis in Greece.
The executive chairman of the Drambuie Liqueur Company, Phil Parnell, has died after a short illness.
Drambuie also reported growth across a number of markets such as Germany, Turkey and Australia.
Drambuie's headquarters are registered in Glasgow, where its drinks are blended and bottled by distillers Morrison Bowmore.
Mr Parnell was appointed to the boards of Drambuie Ltd and the Drambuie Liqueur Company in 2004.
The distillers also blend and bottle Drambuie after winning a contract last year.
Whisky liqueur firm Drambuie saw global sales volumes remain flat last year as trading was hit by the euro crisis.
Overall sales grew by 1% and, in common with other distillers, Drambuie has seen strong growth in exports to Latin America.
He was credited with returning the company to profitability and was responsible for the development of the Drambuie brand rejuvenation strategy.
Richard Stone, a former non-executive chairman of Drambuie who retired from the company last year, is to return in the same role.
However global sales value grew by 5%, thanks in part to the roll-out of its Drambuie 15 brand across a number of domestic markets.
This year saw the launch of its Drambuie and Drambuie 15 brands into India, while first shipments have been made into the developing markets of South East Asia.
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