Emperador earmarks lower P4-B capex for expansion projects - BusinessWorld Online

Emperador earmarks lower P4-B capex for expansion projects - BusinessWorld Online

LISTED whisky and brandy producer Emperador, Inc. has earmarked P4 billion for capital expenditure (capex) this year to boost production capacity. Emperador will use most of the capex for the ongoing expansion of its Dalmore distillery in Alness, Scotland, which is scheduled for completion in the second half of the year. This year’s capex is lower than the P6.5 billion allocated for 2024. “We are almost at the completion of the Dalmore distiller…