Universal Robina Corporation (URC) today announced strong financial results for the first half of 2025, with sales reaching Php 85.9 billion, a 6% increase compared to the same period in 2024. This growth was driven by sustained momentum across the company’s key business units.
The Branded Consumer Foods (BCF) segment recorded revenues of Php 57.8 billion, a 5% year-on-year increase. In the Philippines, the BCF portfolio continued to grow, with snacks and ready-to-drink beverages delivering double-digit growth. Internationally, URC’s BCF sales grew 7% to Php 18.2 billion, propelled by strong performance from Munchy’s, which continues to widen its market leadership in Malaysia and grow rapidly in Indonesia.
The Agro-Industrial and Commodities (AIC) segment saw a 16% increase in sales to Php 21.7 billion for the period. This was primarily fueled by higher volumes in the Sugar and Renewables (SURE) business, which benefited from an extended milling season.
Reported operating income for the period remained stable year-on-year at Php 9.4 billion. While higher input costs, particularly for coffee, impacted the BCF Philippines segment, these were successfully mitigated by effective cost management programs and improving scale within URC International.
Net income from continuing operations for the first half stood at Php 6.7 billion. Excluding a one-time impairment charge related to the discontinuation of a portion of the company’s Packaging segment, core net income grew by 3% to Php 6.9 billion.
Reflecting its commitment to delivering shareholder value, URC declared a cash dividend of Php2.20 per share, payable to stockholders on record as of September 5, 2025. This brings the total cash dividend for 2025 to Php4.20 per share, an 11% increase from the prior year and representing a payout of almost 80% of last year’s core net income.
Irwin Lee, URC President and CEO, expressed confidence in the company’s performance. “We are encouraged by our first half 2025 results, notwithstanding various external challenges. The strong volume-driven growth across our branded consumer food business is a testament to the strength of our portfolio. We expect to sustain this momentum for the balance of the year as we continue to provide the best value to our customers and generate healthy returns for our shareholders.”
