World’s biggest brandy maker unveils £29.7m spending plan for 2026
Emperador Inc., the Philippines’ largest spirits company and the world’s biggest brandy producer, has earmarked P2.4 billion (£29.7 million) for capital expenditure in 2026, with more than half of the budget earmarked for its growing whisky operations.
This marks a drop from about P4 billion (£49.6 million) in spending last year.
The company, backed by spirits tycoon Andrew Tan, said that it is dialling back expenditure this year as several major investment projects have already been wrapped up. These include the recent expansion of the Dalmore distillery in Scotland, which has doubled production capacity.
Most of the funds will be used to build new warehouses and maturation sites, and to upgrade facilities within its whisky business. The rest of the money will be ploughed into its brandy operations, including improvements to production and distribution infrastructure.
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The spirits maker, whose brands include Emperador Brandy, Fundador Brandy and a number of single malt Scotch whiskies, has confirmed that several sustainability projects are now also fully operational, including a biomass boiler at its Jura distillery and a bioenergy centre in Invergordon, both in Scotland.
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In the Philippines, the company has installed an air emissions treatment plant at its glass manufacturing facility as part of efforts to improve air quality around the site.
The firm, which is a subsidiary of Alliance Global Group Inc., recently reported a 4.5% lift in first-quarter net profit to P1.9 billion (£23.5 million), while revenues rose 6% to P13.3 billion (£165 million), driven by stronger sales of both brandy and whisky products.
Emperador operates manufacturing facilities in the Philippines, the United Kingdom, Spain and Mexico, and distributes its products in more than 100 countries.
The company is listed on both the Philippine Stock Exchange and the Singapore Exchange.
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