Angostura __________

ARE YOU ABOVE THE LEGAL DRINKING AGE. IN YOUR COUNTRY OF RESIDENCE?

/
investor-img

INVESTOR RELATIONS

Corporate Information

Board of Directors:

Mr. Terrence Bharath (Chairman)
Ms. Renee Johncilla
Mrs. Michal Andrews
Ms. Ingrid Lashley

Acting CEO:

Mr. Ian Forbes

Company Secretary:

Kathryna Baptiste Assee  LLB (Hons); LEC; EMBA

Chief Financial Officer:

Ginelle Lambie

Registered Office:

Corner Eastern Main Road & Trinity Avenue,
Laventille,
Trinidad & Tobago
E-mail: corphq@angostura.com
Website: www.angostura.com

Registrar & Transfer Office:

Trinidad and Tobago Central Depository Limited
10th floor,
Nicholas Towers,
63-65 Independence Square:
Port of Spain,
Trinidad & Tobago

Auditors for period ending December 31, 2013:

KPMG
TRINRE Building
69-71 Edward Street
Po Box 1328
Port–of-Spain,
Trinidad & Tobago

Bankers:

Ansa Merchant Bank Limited
Ansa Centre,
11 Maraval Road,
Port-of-Spain,
Trinidad & Tobago

Citibank (Trinidad and Tobago) Limited
12 Queen’s Park East,
Port-of-Spain,
Trinidad & Tobago

First Citizens Bank Limited
Corporate Banking Unit,
2nd floor,
Corporate Centre 9 Queen’s Park East,
Port-of-Spain,
Trinidad & Tobago

RBC Royal Bank (Trinidad and Tobago) Limited
St. Clair Place,
Port-of-Spain,
Trinidad & Tobago

Republic Bank Limited
Promenade Centre,
72 Independence Square,
Port-of-Spain,
Trinidad & Tobago

Attorneys-at-law

J.D. Sellier & Company
129-131 Abercromby Street,
Port-of-Spain,
Trinidad & Tobago

Financial Results

Performance Overview

I am proud to report results for the six month period ended June 30, 2019, which indicate profit after tax of $52.6M, an increase of $4.4M or 9% over the comparative period of 2018. Earnings per share has increased to $0.26 per share from $0.23 per share as at June 30, 2018.

Revenue of $346.4M represents an increase of 4% from the comparable period in 2018. This growth was due largely to strong performance of the Bitters segment, as distribution growth in top retailers in the North American market and increased use in cocktails in the UK market have resulted in increased demand. Additionally, the profitable co-pack bulk segment also reported significant revenue growth.

Ongoing cost management strategies were stringently reviewed during the second quarter. We expect to maximize our marketing dollar over the remaining fiscal year and to roll out additional marketing plans in line with our stated goals.

In consideration of the Group’s performance for the period ended June 30, 2019, the Board has approved an interim dividend of $0.09 per share, with a record date of August 13, 2019, and a payment date of August 30, 2019.

Mr. Terrence Bharath
Chairman
July 31st, 2019