MGP蒸馏板块三季度下滑29% 棕色烈酒销量暴跌47%
即将更名为Sempreon的MGP Ingredients公布三季度业绩:蒸馏解决方案部门销售额下滑29%至2900万美元,为三大板块中降幅最大;其中棕色烈酒(威士忌原酒)销量下滑47%,主因行业桶装库存高企,但降幅较二季度的57%收窄。白烈酒及其他副产品增长32%。品牌烈酒部门下滑4%至5820万美元,Penelope波本增长12%,高端以上产品微降1%。
The Distilling Solutions arm of MGP Ingredients reported a double-digit decline in the third quarter (Q3) due to ongoing oversupply issues. Penelope Bourbon saw its sales rise by 12% in Q3.
The third-party spirits producer and brand owner, which will rebrand to Sempreon next week, saw its Distilling Solutions arm plunge by 29% to US$29 million. It marked the biggest decrease of its three divisions.
Within Distilling Solutions, sales were dragged down by a 47% decline for brown goods as the result of “expected, elevated industry-wide barrel inventories”. It was slightly better than its performance in the second quarter when brown goods plummeted by 57%. On the other hand, the business recorded a 32% increase for white goods and other co-products in Q3.
The company intends to rebuild its aged whiskey pipeline, broaden its premium white spirits offering, and grow its ready-to-drink and private label programmes. MGP’s Branded Spirits business was also in decline, falling by 4% to US$58.2m. Within this division, sales of premium-plus products dipped by 1%, but Penelope Bourbon rose by 12%.
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