Glenn Manlapaz, Emperador International
Glenn Manlapaz, Emperador International
24 November 2023
Under the Radar: World’s largest brandy manufacturer Emperador on its double digit growth in Asia and North America
Today we’re going to bring you an inside look into the largest liquor company in the Philippines that is also the world’s biggest brandy manufacturer.
Founded in 1979, Emperador is a holding company that operates an integrated business of manufacturing, bottling and distributing distilled spirits and other alcoholic beverages from the Philippines and Europe.
Its consolidated portfolio includes brands like the Emperador Light and whisky brands such as The Dalmore. It also entered the global Scotch whisky business through the acquisition of Whyte and Mackay in 2014.
The Manila-listed firm made its debut on the Singapore Exchange last July, and became a constituent of the Straits Times Index last September, making it the second regional spirits company listed on the SGX after Thai Beverage. So what is the role of Emperador’s Singapore business in the bigger scheme of things?
Meanwhile, the company saw revenues increase by 10 per cent year-on-year to P47.1 billion in the first nine months this year. Emperador said its international business continued to experience double digit growth particularly in Asia and North America.
But why is this the case, and what are the key drivers of growth for the firm in the near future?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Glenn Manlapaz, CEO, Emperador International Division.
Download this podcast.