Emperador Inc., a leading global brandy and whisky conglomerate, has reported a significant increase in revenue and net profit in the second quarter, reflecting a robust performance amidst global economic challenges.
A unit of Alliance Global Group, Emperador posted an 18-percent
revenue increase of P15.5 billion in the second quarter, pushing first-half total to P28.6 billion.
Net profit attributable to owners rose 19 percent to P2.1 billion in the second quarter, lifting first-half net income to P3.8 billion.
The quarter-on-quarter growth was attributed to improving market conditions in Asia, Europe, and Latin America despite ongoing challenges such as high interest rates, inflation, and geopolitical uncertainties. Emperador’s diversified portfolio in whisky and brandy, spanning various price points and a distribution network across over 100 markets, has contributed to its resilience and continued success.
The Philippine market remains competitive and challenging due to a flood of low-cost products as consumers seek value. Emperador is adapting by enhancing its competitive stance while maintaining its long-term strategy of premiumization, which the company believes will yield benefits over time.
A significant highlight for Emperador this year is the 150th anniversary of its flagship brand, Fundador. Emperador is marking this occasion by advancing its sherry cask collection, which has seen early successes in new markets, demonstrating the brand’s ability to evolve and premiumize.
In the whisky segment, Emperador continues to outperform industry trends. The single malt category remains one of the few growing segments in the alcohol beverage industry. Emperador’s single malt portfolio, which includes brands such as The Dalmore, Jura, and Tamnavulin, is well-positioned for sustained growth. According to industry reports, these brands rank among the top 15 single malts by volume globally.
Emperador is investing in its future growth by expanding the Dalmore distillery. It is set to double Dalmore’s capacity by the end of this year, alongside an expansion of warehouses to accommodate the increased production.
“The fundamentals of the company are intact, and our long-term trajectory remains on track. As global economies improve and consumer demand for premium and luxury products returns, we anticipate reaching new heights in performance. Our strategic investments are geared towards sustaining and enhancing our business for the future,” said Winston Co, president of Emperador in a statement.
Emperador Inc., publicly listed on both the Philippine Stock Exchange and the Singapore Exchange, is a global spirits conglomerate known for its iconic brands including Emperador Brandy, Fundador Brandy, and The Dalmore Single Malt Scotch Whisky, available in over 100 countries worldwide.
