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Richmond Mercurio - The Philippine Star
April 22, 2026 | 12:00am
Emperador’s allocated capital expenditures for 2026 will be used for upgrading of production, warehousing and distribution facilities, according to a company presentation.
Emperador / Released
MANILA, Philippines — Tycoon Andrew Tan’s global brandy and whisky conglomerate Emperador Inc. is spending P2.4 billion for its expansion initiatives this year.
Emperador’s allocated capital expenditures for 2026 will be used for upgrading of production, warehousing and distribution facilities, according to a company presentation.
In particular, it said more than half of the budget went to the whisky segment, primarily for building maturation sites as well as for other facilities improvements.
Emperador reported consolidated revenues of P57 billion and an attributable net income of P3.9 billion in 2025 as it navigated a softer global spirits environment.
The company said its brandy segment is back to growth in 2025 with net profit increasing by nine percent.
Revenue of the segment, however, was slightly down during the year because of delayed stocks due to logistics issue.
The company, meanwhile, said the whisky rare and aged segment has not recovered yet, slowing down whisky performance in 2025.
“We are selling higher volume of affordable to premium whiskies, but revenues are low because rare and aged have not recovered,” Emperador said.
“We see 2025 as a re-base year, 2026 will be better despite the Iran war,” it said, referring to its whisky segment.
Emperador has manufacturing facilities in the Philippines, UK, Spain and Mexico, as well as distribution across 100 countries around the world.
The company’s product portfolio includes Emperador Brandy, Fundador Brandy and single malt whiskies The Dalmore, Fettercairn, Jura and Tamnavulin.
Emperador recently secured the company’s first sustainability-linked loan worth 300 million euros.
The sustainability-linked loan, the first for a Philippine food and beverage group, will have two key performance indicators, namely reduction of Scope 1 and 2 greenhouse gas emission intensity and increase in use of renewable electricity.
