Angostura __________

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INVESTOR RELATIONS

Corporate Information

Board of Directors

Dr. Rolph N. S. Balgobin (Chairman)
Mr. Albert Tom Yew
Mr. Anthony Hosang
Mr. Ulric Miller
Mr. Frederick Gilkes
Ms. Ingrid Lashley
Mr. Terrence Bharath
Mr. Trevor Marshall

Company Secretary:

Jennifer Frederick FCCA CA BSc

Chief Financial Officer:

Ginelle Lambie

CEO:

Genevieve Jodhan

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

 The Group has had a strong first quarter, with revenue growth of 16% during the period, an increase of $17.4m from Q1 2017.  All segments of branded business experienced revenue growth over the prior year, led by Bitters in export markets. Our costs of goods sold, critical for a manufacturing environment, have benefitted from improved and aggressive management and are down 10%.  Our improved performance is also the result of improved operational efficiency, stringent management of production costs and operating expenses in addition to our sales growth efforts. These have generated a 77% improvement in results from operating activities from $22.8m to $40.5m.  Group profit before tax also improved by by 77%.  While we are encouraged by the turnaround performance, there remains much work to be done in a challenging economic environment, and your Group will be focusing on efficient and profitable growth and the achievement of targets for 2018.
Dr. Rolph Balgobin FRSA
Chairman
11 May, 2018