Del Monte Philippines Inc (DMPI) reported strong financial results for fiscal year 2025, with a 14-percent rise in sales to P44.2 billion, driven by robust international sales. This contrasts sharply with its U.S.-based sister company, Del Monte Foods Holdings Inc (DMFHL), which recently filed for bankruptcy.
DMPI and DMFHL are subsidiaries of Del Monte Pacific Ltd. (DMPL), which is owned by the Campos family.
International sales for DMPI jumped 22 percent to P19.5 billion, boosted by exports of fresh pineapple and packaged products, DMPL said in a stock exchange disclosure.
Domestic sales also increased 6 percent to P21.4 billion, driven by strong demand across key product categories including beverages, packaged fruits and culinary essentials.
“Our strong fiscal year 2025 results reflect the deep commitment and hard work of our team, and our relentless focus on consumer engagement, innovation and cost efficiency,” DMPI president and chief operating officer Luis Alejandro said.
He said the company achieved a 40-percent growth in earnings before interest, tax, depreciation and amortization (EBITDA).
DMPI expanded its market share in North Asia to 53 percent, solidifying its position as a leading fresh pineapple supplier to countries like China, Japan and South Korea. It also saw a significant market share increase in Del Monte Juices following health-focused campaigns.
Last week, DMPL announced that DMFHL had filed for Chapter 11 bankruptcy proceedings after reaching a restructuring agreement with lenders. DMFHL secured $912.5 million in debtor-in-possession financing to fund ongoing operations.
DMPL said DMPI, with its Asian and international businesses, continues to perform well, supported by resilient consumer demand and a strong, stable supply chain.
