Conscious Investing Today
  • Top News
  • Business Insider
  • Economic Indicators
  • Investing Ideas
  • Politics News
  • Stock Analysis
  • Editor’s Pick
No Result
View All Result
  • Top News
  • Business Insider
  • Economic Indicators
  • Investing Ideas
  • Politics News
  • Stock Analysis
  • Editor’s Pick
No Result
View All Result
Conscious Investing Today
No Result
View All Result
Home Politics News

Emperador reports robust market expansion overseas

by
April 12, 2021
in Politics News
0
Emperador reports robust market expansion overseas
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter
ADVERTISEMENT

EMPERADOR, Inc. said its brandy and scotch whisky businesses recorded growth in markets across several countries last year.

The listed brandy and whisky manufacturer said in a stock exchange disclosure on Monday that for 2020, its brandy segment posted growth in countries such as United Kingdom at 376%, Mexico at 44%, Canada at 74%, and United States at 24%, which are significant markets of the company’s international business.

Emperador said its Tres Cepas Brandy, under its subsidiary in Spain, expanded its market shares in Guinea and Cameroon.

It added that wholly owned subsidiary Whyte and Mackay UK posted improvements and is now the second-largest selling blended scotch brand in the United Kingdom.

“Its single malt brand, Jura, is currently the number one single malt in the United Kingdom in terms of sales volume in groceries and supermarkets across the country. It is also currently the fastest growing single malt brand in Sweden and The Netherlands,” the company said.

ADVERTISEMENT

Further, Whyte and Mackay’s whisky business in China posted a 200% growth after its sales volume via e-commerce recorded a 227% expansion last year.

Glenn D. Manlapaz, Emperador International chief executive officer, said the company is optimistic that the momentum can be continued this year, adding that stronger production and distribution volume of brandy and whisky products are expected across its international markets.

“Emperador is the only Filipino consumer brand company today that is not only present across the different continents of the world, but also dominates most of the brandy and whisky markets in several countries where the products are sold,” Mr. Manlapaz said in the disclosure.

In 2020, Emperador increased its earnings to owners by 18% to P8 billion due to the strong performance of its international businesses, while its revenues amounted to P52.6 billion.

On Monday, shares of Emperador at the stock exchange improved 0.39% or four centavos to end at P10.40 apiece. — Revin Mikhael D. Ochave

Related Posts

Bank avails of P7.52-B rediscount loan
Politics News

Bank avails of P7.52-B rediscount loan

July 7, 2022
Reserves inch down to $101.983B at end-June
Politics News

Reserves inch down to $101.983B at end-June

July 7, 2022
Supreme Court upholds mayor’s authority to order disciplinary action vs council employee
Politics News

Supreme Court upholds mayor’s authority to order disciplinary action vs council employee

July 7, 2022
Next Post
Philippine office buildings feeling the pinch from POGO firms’ exodus

Philippine office buildings feeling the pinch from POGO firms’ exodus

The winners at the 2021 BAFTA Awards

The winners at the 2021 BAFTA Awards

NOW Corp. eyes fund-raising this year

NOW Corp. eyes fund-raising this year

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Categories

  • Economic Indicators
  • Editor's Pick
  • Investing Ideas
  • Politics News
  • Stock Analysis

Popular News

  • A Minute With: Family Reunion cast on relatable story lines

    A Minute With: Family Reunion cast on relatable story lines

    0 shares
    Share 0 Tweet 0
  • Twitter launches ‘Milk Tea Alliance’ emoji as movement grows

    0 shares
    Share 0 Tweet 0
  • Gas and car bills to soar under green revolution

    0 shares
    Share 0 Tweet 0
  • Level up your gaming experience with vivo Y20s [G]

    0 shares
    Share 0 Tweet 0
  • Rehab, expansion of General Santos airport seen completed by Q2

    0 shares
    Share 0 Tweet 0
No Result
View All Result

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

Highlights

SSC-R Lady Stags eye Final Four slot

‘Breaking through the noise’

Century Pacific ventures into fish-free tuna

Bill granting 15 days’ paid leave for workers on caregiver duty refiled

Navarro signs with Seoul Samsung Thunders in KBL

SC affirms P51-M canceled tax assessment on Unisys

Trending

Bank avails of P7.52-B rediscount loan
Politics News

Bank avails of P7.52-B rediscount loan

by
July 7, 2022
0

BW FILE PHOTO A LONE BANK tapped the Bangko Sentral ng Pilipinas’ (BSP) peso rediscount window in...

Reserves inch down to $101.983B at end-June

Reserves inch down to $101.983B at end-June

July 7, 2022
Supreme Court upholds mayor’s authority to order disciplinary action vs council employee

Supreme Court upholds mayor’s authority to order disciplinary action vs council employee

July 7, 2022
SSC-R Lady Stags eye Final Four slot

SSC-R Lady Stags eye Final Four slot

July 7, 2022
‘Breaking through the noise’

‘Breaking through the noise’

July 7, 2022

Disclaimer: ConsciousInvestingToday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • Email Whitelisting

Copyright © 2021 ConsciousInvestingToday. All Rights Reserved.

No Result
View All Result
  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • Email Whitelisting

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.