SMC Investor Relations aims to build lasting relationships with our stakeholders, working together as partners to help SMC reach its growth objectives.
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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.
San Miguel Corporation (SMC) breached the P1 trillion mark in 2018, powered by strong performances from all its key businesses – food, beverage, packaging, fuels and petrochemicals, power and infrastructure.
Consolidated revenues reached P1.02 trillion, up to 24% from previous year while consolidated operating income increased 5% to P117.1 billion. The conglomerate’s consolidated EBITDA also rose 7% to P157.9 billion. Consolidated recurring net income reached P55.2 billion, up 1% from last year.
Income growth for the conglomerate was tempered by the sharp decline of crude prices resulting in inventory losses for its fuels and petrochemical businesses during the 4th quarter of 2018. This was compounded by forex translation losses for the year.