Ingredient Solutions Sales Expansion slide image

Ingredient Solutions Sales Expansion

CONSOLIDATED SALES SALES WERE UP 5% WITH SALES GROWTH IN ALL THREE BUSINESS SEGMENTS • • Key Drivers Distilling Solutions growth due to higher brown goods sales. Branded Spirits sales increased due primarily to increased sales of brands within the premium plus price tiers. Ingredient Solutions sales increased due to higher sales across all product lines. MGP Consolidated Sales (Quarter Ended 9/30/2023) Change vs Prior Year SMM SMM % Distilling Solutions Branded Spirits $111.9 $3.2 3% 66.8 4.1 6 Ingredient Solutions 33.0 3.2 11 MGP Ingredients $211.6 $10.5 5% 30 50 Note: Totals may not foot due to rounding. All comparisons are on a year-over-year basis.
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