Emperador Inc. – the world’s largest brandy company that owns Emperador Brandy, Spanish brandies led by the iconic Fundador and Scotch whisky brands led by The Dalmore and Jura single malts – recorded a 34 percent year-on-year increase in earnings during the second quarter of this year, amounting to P1.6 billion. Consequently, net income attributable to the parent company from January to June this year totaled P3.2 billion, up 18 percent from the same period last year. Revenues grew eight percent to P19.5 billion in the first six months of this year, with second quarter revenues posting a seven percent increase. Margins were higher during the periods in review.

Emperador Inc. President Winston Co said, “The strong performance comes from the strong growth of the international business amidst a soft domestic market. The premium Spanish brandy and Scotch whisky business continues to show robust growth led by Fundador brandy, The Dalmore and Jura single malt whiskies led by Asia and North America. The local market continues to be soft but new market initiatives for growth are under way. We believe Emperador Inc. is in a good position for accelerated growth in the years to come as we envision robust and stable international and domestic businesses in the long run.”