In a stock exchange filing, the maker of San Miguel beer and Tender Juicy hotdogs saw total sales grow 5 percent to P291.1 billion, while operating income rose 15 percent to P33.9 billion.
SMFB’s consolidated net income margin remained steady at 10 percent.
Management’s view
“Our performance this year highlights the strength of our diversified portfolio,” Ang said on Wednesday.
“Through strategic investments in our brands, cost management, and by adapting to market trends, we are building resilience and setting the stage for long-term growth. Beyond profits, we view ourselves as partners in nation-building, ensuring that our products and initiatives contribute to economic progress and community support,” he added.
How segments performed
San Miguel Foods saw a 4-percent sales increase to P134.3 billion, led by an 11-percent jump in prepared and packaged foods, driven by strong demand for top products.
The segment’s earnings before interest, taxes, depreciation, and amortization surged 39 percent to P15.5 billion, aided by top-line growth and lower costs.
San Miguel Brewery posted P111.2 billion in revenues, up 3 percent, with domestic sales at P99.1 billion and robust international figures.
Ginebra San Miguel’s sales soared 17 percent to P45.6 billion, with earnings before interest, taxes, depreciation, and amortization hitting P7.1 billion, fueled by strong brand performance and strategic distribution.
