Emperador sets 2026 capex at 2.4 billion pesos, more than half to go towards whisky business
The capital expenditure this year is lower compared with previous years
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[SINGAPORE] Global liquor conglomerate Emperador announced on Wednesday (Jun 24) that it has earmarked 2.4 billion Philippine pesos (S$50.7 million) for its 2026 capital expenditure.
The dual-listed spirits manufacturer said that more than half of its capex is allocated for the whisky segment – for the building of warehouses and maturation sites, as well as facilities upgrades.
The remainder will be for the brandy business, for the upgrading of production and distribution facilities.
“The capex for 2026 is lower compared to previous years due to the completion of numerous capital-intensive projects in the past few years,” Emperador said in the statement.
In 2025, the company earmarked four billion pesos for its capex.
It cited the completed expansion of the Dalmore distillery, which doubled the capacity of the distillery, as well as new warehouses to store the additional liquid for ageing.
Emperador also named the biomass boiler in Jura and the bioenergy centre in Invergordon as one of its newly completed and operational projects.
Shares of Emperador were trading flat at S$0.345 as at 1.51 pm on Wednesday.
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