National Liquor News November 2023

Page 10

Independent Liquor Group

ILG CEO Paul Esposito

Jarrod White, Ian Noble, Tania Fullard and Nicole Saxby

ILG reports record growth at 2023 Family Reunion Independent Liquor Group recently celebrated strong group performance as the AGM headed to the Gold Coast. Members of the Independent Liquor Group

In his CEO Report, Esposito detailed

in Queensland and 33 per cent in Victoria.

(ILG) cooperatives came together on the Gold

an increase in sales revenue for ILG

Within the cooperative, the banner

Coast for one of the highlights of the ILG

from $414m to a record high of $497m,

groups also experienced increased sales

social calendar, the Family Reunion. Delegates

an increase of 20 per cent for FY23 and

revenue, sitting at 33 per cent for Super

celebrated a record year for ILG, taking the

82 per cent over the last three years. Over

Cellars, 23 per cent for Bottler and 19 per

opportunity to network and learn valuable

the year, members have also received a

cent for Fleet Street.

insights about the group and wider industry.

high of $17.7m combined cash and non-

ILG CEO Paul Esposito welcomed

cash benefits.

Looking at the performance of liquor categories at ILG in comparison to national

attendees with a reception at The Star’s

“This year’s performance is record

market data, ILG reported high levels

Garden Lawn, ahead of the two-day

breaking, we’re the second biggest

of revenue growth across all categories,

conference program, which reflected on

wholesaler. Our target this year was to

including 33 per cent for beer, 17 per cent

the achievements of the last year.

achieve $550m, we’re probably on track to

for spirits, 24 per cent for RTDs, 22 per cent

hit closer to $600m.

for wine, and 13 per cent for cider.

The following day was the Annual General Meeting (AGM) where Esposito highlighted

“Moving into Victoria, the level

During the AGM, members of both

the cooperative’s success across several areas

of demand and interest

has been

cooperatives voted on amendments

and later sat down with National Liquor

overwhelming. We hope to be trading in

to cooperative rules proposed by the

News to discuss the group’s performance.

Victoria by mid-November.

board, with the intention of reducing

“FY23 broke all records, highlighted by

“NSW and Queensland are still

administrative burden, future proofing the

a huge uplift in sales revenue, record return

experiencing double-digit growth, and

cooperative and ensuring good governance.

to members and record membership. These

regionally,” Esposito continued. “We’re

“Our cooperative rules are decades old, so

results have been delivered on the back of a

seeing a lot of people in regional Queensland

we needed to align them with more modern

strong strategic plan to build a stronger ILG.

and NSW coming across because they like

rules and take a national perspective,” said

“Growth must be the focus in every part

our platform, they like that they’re not told

Esposito. “The old rules would have hindered

of the business. This year, and every year

what to do or slugged with additional fees.”

us moving forward, so all we wanted to do

going forward, is going to be record breaking,

The group reported an increase of 16 per

was ensure that both cooperatives aligned,

because we’re not expecting to go backwards.”

cent in sales revenue in NSW, 21 per cent

and that the rules are updated. Right now,

10 | National Liquor News


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