Philippine food conglomerate San Miguel Food and Beverage Inc (SMFB) reported strong results for the first nine months of 2025, led by robust demand in its food division, especially poultry.
San Miguel Foods reported revenues of approximately USD 2.43 billion, a 7% increase year-on-year. Growth was driven by higher volumes in poultry, dairy, coffee, and packaged food.
The company celebrated the 100th anniversary of its Magnolia brand with nationwide campaigns that boosted consumer engagement and reinforced brand loyalty.
Operating income for the food unit rose 32% to USD 218 million.
Consolidated gains across all divisions
SMFB’s consolidated net income reached USD 571 million, up 11% from the same period last year. Revenues rose 4% to USD 5.13 billion.
The company attributed its performance to:
- Strong demand across food, beer, and spirits
- Efficient pricing strategies
- Sustained brand-building initiatives
- Resilience despite weather-related disruptions
Operating income grew 12% to USD 758 million. EBITDA climbed 13% to USD 989 million, improving margins to 19%.
Chairman Ramon Ang said the results reflect SMFB’s strategy to grow across segments and markets. He emphasized continued investment in the supply chain, productivity, and capacity expansion.
SMFB said it remains in a strong financial position, supported by steady earnings and prudent capital management. The company maintains flexibility to pursue growth and strategic investments.