Emperador Inc

Emperador reports 1HFY2024 earnings of $87.6 mil, 19.6% lower y-o-y - THE EDGE SINGAPORE

Results

Emperador reports 1HFY2024 earnings of $87.6 mil, 19.6% lower y-o-y

Shares in Emperador closed flat at 42.5 cents on Aug 7.

Company in the news

GIC considers selling stake in Emperador

Based on the brandy maker’s current market value, the stake is worth $950 million.

Broker's Calls

UOB Kay Hian lowers Emperador’s TP to 45 cents after ‘weak’ 2QFY2023 results

Emperador’s 1HFY2023 earnings, which fell by 9.5% y-o-y to 4.7 billion pesos, performed below UOB Kay Hian's FY2023 expectations.

Results

Emperador reports earnings of $55.0 mil for 1QFY2023, 10% higher y-o-y

The group’s revenue rose by 26% y-o-y to 15.6 billion pesos with Greater China and North America seeing continued growth in the 1Q

Company in the news

Emperador Brandy sales grew by 28% y-o-y in North America

Emperador Brandy products are available at various off-premise establishments across the US and Canada.

Company in the news

Emperador increases public float to 20.1%

According to the group, the increase in the float “reflects the robust investor appetite” for shares in Emperador.
UOB Kay Hian initiates 'hold' on Emperador with TP of 53 cents - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian initiates 'hold' on Emperador with TP of 53 cents

At its current share price, the stock is trading at an FY2023 P/E of 26.9x, in line with its peers’ FY2023 average P/E.
Emperador displaces ComfortDelGro as constituent in benchmark Straits Times Index - THE EDGE SINGAPORE

Company in the news

Emperador displaces ComfortDelGro as constituent in benchmark Straits Times Index

All changes to the constituent will take effect at the start of trading on Sept 19.

IPO

Emperador takes a double shot of listing for global expansion

Emperador is riding on its growth high and seeking a double shot of listing for a global expansion.
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