Aboitiz Foods achieved a strong performance in 2025, earning US$90.6 million (₱5.2 billion) in net income after tax (NIAT), including one-offs, reflecting ongoing growth across its integrated food and agribusiness sectors.
Driven by high volumes and improved margins in its Flour, Farms, Livestock, and Trading divisions, the company’s results highlight the strength of Aboitiz Foods’ operations and its continued focus on serving customers across Asia through its integrated value chain, from mill to meal.
These results contributed to Aboitiz Equity Ventures (AEV)’s overall performance, which reported consolidated core net income of ₱25.5 billion for 2025.
AEV Reports ₱25.5 Billion Core Net Income in 2025
Aboitiz Equity Ventures, Inc. (AEV) reported consolidated core net income of ₱25.5 billion for the full year of 2025, same in 2024.
As the active portfolio manager overseeing strategic investments across power, banking and financial services, food and beverage, infrastructure, and real estate, AEV continues to advance the Aboitiz Group’s vision of becoming the country’s first “techglomerate”—an organization that integrates data, innovation, and sustainability to drive long-term growth and value.
After accounting for ₱7.2 billion in non-recurring items, largely related to AboitizPower’s partial impairment of the GNPower Mariveles Energy Center, AEV’s reported net income reached ₱18.3 billion, up 1% from ₱18.1 billion in 2024.
Strong operating contributions across key businesses
AboitizPower remained the largest contributor to AEV’s earnings, accounting for 46% of total net income contributions from the group’s strategic business units. Food and Beverage followed with 33%, while Banking and Financial Services contributed 22%, highlighting the balanced earnings profile of the group’s diversified portfolio.
AboitizPower delivered strong operating performance in 2025, generated ₱79.6 billion in EBITDA, a 9% increase from ₱73.3 billion in 2024. Growth was driven by the fresh contributions from Chromite Gas Holdings, Inc., the addition of new renewable energy facilities, including solar plants in Laoag, Armenia, and Calatrava.
For the full year, AboitizPower recorded ₱33.1 billion in core net income, while reported net income reached ₱19.5 billion after accounting for impairments and other non-recurring items. The power business contributed ₱10.4 billion in net income to AEV.
Union Bank of the Philippines (UnionBank) reported a net income of ₱10.0 billion in 2025 while total revenues increased 7% year-on-year to ₱83.2 billion, supported by higher net interest income and continued growth in its loan portfolio.
As of end-2025, UnionBank’s total assets reached ₱1.2 trillion, with loans amounting to ₱537.7 billion. The bank contributed ₱5.0 billion in net income to AEV during the year.
Food and Beverage segment continued to be a significant contributor to AEV’s earnings in 2025, posting a net income contribution of ₱7.6 billion, up 28% from ₱5.9 billion in 2024. The growth was driven by strong volumes and margins from AboitizFoods—particularly across its Flour, Farms, Livestock, and Trading businesses.
The segment’s performance was also supported by the full-year contribution of Coca-Cola Europacific Aboitiz Philippines Inc. (CCEAP) following its financial close on February 23, 2024.
Strong volumes and improved margins across AboitizFoods, combined with the expanding market presence of CCEAP, underscore the Group’s commitment to strengthening food security and nutrition across Asia while driving value creation for the broader Aboitiz portfolio.
Aboitiz Land, Inc. contributed ₱637 million in net income, reflecting project completion cycles and the timing of revenue recognition.
Aboitiz InfraCapital, Inc. recorded an income contribution of ₱680 million, a 6% increase from 2024, supported by lot sales at TARI Estate in Tarlac, increased passenger traffic at Mactan-Cebu International Airport, the addition of Laguindingan and Bohol-Panglao airports to its expanding airport portfolio, and the contribution of its Apo Agua Infrastructura in Davao.
AEV’s total assets reached ₱1.0 trillion as of December 31, 2025, a 13% increase from ₱893.7 billion in 2024, reflecting continued expansion across its businesses.
The company maintained a strong liquidity position, with ₱90.3 billion in cash and cash equivalents, while equity attributable to shareholders rose to ₱289.5 billion.
AEV ended the year with a current ratio of 1.1x and a net debt-to-equity ratio of 1.0x, reflecting a stable capital structure as the group continues to actively manage its diversified portfolio.
Sustainability initiatives gain momentum
Alongside its strong financial performance, AEV continued to advance sustainability across the Group.
The company was ranked among the top three Philippine conglomerates in the 2025 S&P Global ESG Assessment, reflecting its commitment to strong governance, transparency, and continued investments in human capital and risk management systems.
Complementing these efforts, AEV also launched a circular economy initiative in partnership with Humble Sustainability PH to repurpose retired IT equipment and transform electronic waste into environmental and social value.
To date, more than 1,000 retired devices—including laptops, servers, and printers—have been refurbished, donated, resold, or responsibly recycled, with 50% of resale proceeds supporting community programs of the Aboitiz Foundation.
Originally published by Aboitiz Equity Ventures (AEV). Reposted for informational purposes.
