San Miguel Corporation Investor Relations
SMC Investor Relations aims to build lasting relationships with our stakeholders, working together as partners to help SMC reach its growth objectives.
We are committed to providing our stakeholders with the best service, as we deal with them fairly and objectively.
We strive to present our stakeholders what we believe are relevant information to enable them to make sound investment decisions.
San Miguel Corporation (SMC) is among the largest and most diversified Philippine conglomerates. Its wide range of businesses include beverages, food, packaging, fuel and oil, energy, infrastructure, mining, real estate and aviation.
San Miguel has adopted a five-pronged business strategy aimed at increasing the value of the company:
First, is to enhance the value of its established core businesses through operational excellence, brand enhancement and improved product visibility. Second, is to diversify into industries that underpin the development and growth of the Philippine economy.
Third, is to pursue synergies across its businesses through vertical integration, platform matching and channel management. Fourth, is to invest and develop businesses with leading market positions, enabling us to leverage on our strong brands and market dominance to expand existing businesses. Finally, to adopt globally competitive practices through partnerships with leading companies worldwide.
|SMC Common||August 18, 2017||100.50||100.50||98.50||99.35||99.22||138130.00||13704602.50|
SMC delivers strong Q1 results, revenues up 23% to P195.8b.
San Miguel Corporation’s performance remained strong, as most of our businesses were off to a good start in the first quarter of 2017. Consolidated revenues amounted to P195.8 billion, 23% higher from last business, complimented by higher combined revenues from our core beverage, food and packaging businesses, which grew 7%.
Consolidated operating income reached to P27.5 billion, a 21% growth from last year, again due to the sustained performance of our core businesses, Petron and infrastructure.
Consolidated net income amounted to P13.8 billion, slightly higher than 2016, despite forex losses of about P1 billion incurred this year vs the P4 billion in forex gains in the same period in 2016. Without the effects of forex, net income grew 62% to P14.8 billion.
Consolidated EBITDA reached P35.5 billion, 13% higher than 2016.