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EMP clears PHP 6.1 Billion in 2014, sees 5 -fold revenue hike this year

06 Mar

BY UNICAPITAL SECURITIES

Emperador Inc. (EMP) expects revenue growth to increase five times this year as it seeks to reap the benefits of last year’s move to become a global company.

Its earnings last year grew 5% to PHP 6.1 billion from PHP 5.8 billion in 2013.

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The company’s consolidated reve- nues was likewise robust as it rose 7% year – on – year to PHP 32 billion.

This 2015, Andrew Tan said the company expects revenues to grow 35%, a five – fold increase from last year’s 7% growth.

The company is set to launch Emperador in several countries in Europe and Africa, and “will be very active in Duty Free travel retail shops globally.”

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Posted by on March 6, 2015 in Corporate News, EMP, Stock Market

 

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