The company said it expects momentum to continue in the second half as it leans on a resilient product portfolio and expands reach across categories.
Management’s view and outlook
“We are aiming to deliver high single to low double-digit topline and bottom line growth for 2025,” said chief financial officer Chad Manapat. “By building our diversified portfolio, we position the Group to create lasting value for our stakeholders.”
Revenues continued to grow
Total revenues rose 5 percent to P39.7 billion, lifted by a 9 percent gain in the branded segment on double-digit volume growth.
This offset a 10 percent drop in original equipment manufacturing (OEM) export sales, which faced a high base from 2024 and softer global demand.
Gross margin slightly declined to 25.7 percent due to normalizing input costs, but this was tempered by lower operating expenses, helping net margin improve to 9.8 percent.
—Edited by Miguel R. Camus
