EMPERADOR Inc. posted a consolidated net income of P1.9 billion in the first quarter, up 4.5 percent from a year earlier, on the back of higher sales, improved margins and disciplined cost management.
In a disclosure on Wednesday, the Alliance Global Group Inc. unit said revenues reached P13.3 billion in the first three months of 2026, with combined brandy and whisky sales up 6 percent on sustained consumer demand and steady contributions from both Philippine and international operations.
The bottom line was also supported by operational efficiencies to counteract inflationary pressures, elevated fuel prices and global supply chain disruptions.
“Our first-quarter performance demonstrates the resilience of our businesses and the strength of our diversified portfolio,” Emperador President and CEO Glenn Manlapaz said.
“Despite ongoing geopolitical tensions, supply chain disruptions, fuel price volatility, inflationary pressures, and broader macroeconomic headwinds, we remained focused on execution, efficiency and delivering value to stakeholders,” he added.
The domestic brandy business saw stable growth amid evolving market conditions while international operations benefited from broader geographic diversification and the company’s expanding market presence, Emperador said.
The spirits maker said a balanced business structure and prudent management strategies helped sustain growth momentum and improve profitability despite a challenging operating environment.
Looking ahead, Emperador said it remained “cautiously optimistic” for the rest of the year because of its strong business fundamentals, strategic investments, and continued efforts to strengthen operational resilience.
The spirits maker has a presence in more than 100 countries, with facilities in the Philippines, the United Kingdom, Spain and Mexico. Its portfolio includes Emperador Brandy, Fundador Brandy, and single malt whisky brands The Dalmore, Fettercairn, Jura and Tamnavulin (Gaelic for “mill on the hill”). The latter is a Speyside single malt scotch whisky distilled, matured, and bottled in Scotland in a centuries-old distillery that Alliance Global Group acquired in 2014 for £430 million.
The company’s shares on Wednesday rose P0.08, or 0.52 percent, to close at P15.38 each.
