San Miguel Food and Beverage Inc. (SMFB) reported consolidated net income of P33.7 billion for the first nine months of 2025, up 11 percent from the same period last year, driven by strong performances across its food, beer and spirits divisions.
Consolidated revenues rose 4 percent to P302.9 billion, supported by firm demand, efficient pricing and sustained brand initiatives despite weather-related disruptions during the period.
Operating income grew 12 percent to P44.7 billion, while earnings before interest, taxes, depreciation and amortization climbed 13 percent to P58.4 billion , improving margins to 19 percent.
“Our performance shows the effectiveness of our strategy to grow across multiple segments and markets,” SMFB chairman Ramon Ang said.
“We will continue to strengthen our supply chain, improve productivity and expand capacity to capture more opportunities and deliver long-term value for our consumers and shareholders.”
San Miguel Foods posted P143.5 billion in revenues, up 7 percent year-on-year, as volumes and demand rose across key categories including dairy and coffee, poultry, and prepared and packaged food. The company marked the 100th anniversary of the Magnolia brand with nationwide campaigns highlighting its legacy.
Operating income grew 32 percent to P12.9 billion , while EBITDA increased 27 percent to P20.0 billion , aided by margin improvements and cost discipline.
San Miguel Brewery reported P110.7 billion in revenues, supported by growth in international markets and stable domestic sales.
It celebrated its 135th anniversary with events including San Miguel Oktoberfest and the release of a San Miguel Pale Pilsen 135th Heritage limited-edition can.
Operating income rose 2 percent to P23.9 billion, while EBITDA was up 4 percent to P30 billion, reflecting sustained profitability and effective cost management.
Ginebra San Miguel Inc. posted a 7 percent rise in revenues to P48.7 billion, supported by brand campaigns, efficiency gains and disciplined execution.
The company’s initiatives included Kabayani Kita sa One Ginebra Nation and nationwide Ginumanfest events to reinforce market presence.
Operating income climbed 19 percent to P7.5 billion , and EBITDA rose 19 percent to P8.4 billion, driven by stable volumes and improved efficiency.
SMFB said it remains in a solid financial position, supported by steady earnings and prudent capital management, while keeping flexibility to pursue growth opportunities and strategic investments.
