Back 07 Jul 2025

Del Monte Philippines posts 40% EBITDA growth and record sales in FY2025, led by exports

Link: https://links.sgx.com/1.0.0/corporate-announcements/FV9A73HP4R28PCUO/b105bf873185f81367476edd9c7772a93f749e50bb34c982b9d1a4dd8746c85c


Summary:

  • Financial Highlights

    • EBITDA surged 40% year-on-year to P8.6 billion, driven by operational efficiency and strong demand.

    • Total sales rose 14% to P44.2 billion, with international markets contributing significantly.

  • International Business

    • International sales climbed 22% to P19.5 billion, fueled by robust exports of fresh pineapples and packaged products.

    • Increased market share in North Asia to 53%, reinforcing Del Monte’s leadership as the top fresh pineapple supplier.

    • Premium S&W Deluxe Pineapple gained a larger share of the export mix.

  • Domestic Performance

    • Philippine sales grew 6% to P21.4 billion, supported by healthy demand across beverages, packaged fruits, and culinary products.

    • Notable uplift in Del Monte Juices market share through health-driven campaigns (Heart Smart, Fiber Enriched, ACE).

    • New products like Fruity Zing and Fit ‘n Right Green Apple boosted ready-to-drink segment.

    • Del Monte Mixed Fruits expanded relevance beyond holidays to year-round celebrations.

  • Management Outlook

    • President & COO Luis Alejandro highlighted the team’s focus on consumer engagement, innovation, and cost efficiency.

    • Reiterated commitment to sustaining value creation for all stakeholders.