Emperador posts ₱1.9-B Net Income in First Quarter of 2026

Emperador Inc., a diversified global liquor conglomerate, reported resilient financial performance for the first quarter of 2026, recording revenues of ₱13.3 billion and a net profit of ₱1.9 billion, posting single-digit year-on-year growth despite continued global economic and geopolitical uncertainties.

Emperador’s balanced business structure and prudent management strategies enabled it to sustain growth momentum and improve profitability. (Photo: Emperador, Inc.)

Brandy and whisky sales increased by 6% in the first quarter of 2026 compared with the same period last year, supported by sustained consumer demand, operational efficiencies, and steady contributions from both Philippine and global operations.

Net profit attributable to equity holders of the parent company likewise grew by 4.5% year on year on the back of higher sales and margins, reflecting disciplined cost management, a favorable product mix, and continued focus on operational excellence across business units.

The group’s domestic brandy segment, led by its Philippine operations, maintained stable growth amid evolving market conditions, while its international business continued to benefit from broader geographic diversification and expanding market presence.

“Our first quarter performance demonstrates the resilience of our businesses and the strength of our diversified portfolio,” said Glenn Manlapaz, chief executive officer and president of Emperador Inc.

“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 company said the global operating environment during the quarter remained challenging due to geopolitical conflicts, fuel supply disruptions, elevated energy prices, and continued uncertainties affecting international trade and consumer markets.

Nevertheless, Emperador’s balanced business structure and prudent management strategies enabled it to sustain growth momentum and improve profitability.

Looking ahead, Emperador said it remains cautiously optimistic for the remainder of 2026, supported by strong fundamentals, strategic investments, and continued efforts to enhance operational resilience across its businesses.