Aboitiz Equity Ventures Net Income Surges 65% to PHP13.6 Billion

Earnings
โดย GuruFocus·PH·Read original
Summary · why it matters

Aboitiz Equity Ventures reported consolidated net income after tax of PHP13.6 billion for the first half of 2026, up 65% year-on-year. Beneficial EBITDA rose 25% to PHP37.9 billion, driven by Aboitiz Power's PHP10 billion contribution, up 44%, and Union Bank's PHP3.4 billion, more than double last year. Aboitiz Foods and Coca-Cola combined contributed PHP4 billion, up 10%, while consolidated cash stood at PHP86.6 billion and gross interest-bearing debt declined to PHP484.8 billion from PHP493.7 billion at end-2025, improving net debt-to-equity to 0.95x from 0.99x. The company highlighted strong performance in power, banking, and airports, but noted headwinds in downstream food operations and delayed revenue recognition in real estate.

Impact on stocks 2

Consumer Staples▲ · 2 stocks

Off-coverage companies 4

Aboitiz Equity VenturesPrivate▲ Positive
Capitalrelevance

Net income surged 65% to PHP13.6B, EBITDA up 25%, debt improved.

Aboitiz PowerPrivate▲ Positive
Capitalrelevance

Aboitiz Power contributed PHP10B, up 44%, driving overall EBITDA growth.

Union Bank of the PhilippinesPrivate▲ Positive
Capitalrelevance

Union Bank's PHP3.4B contribution more than doubled, boosting group earnings.

Aboitiz FoodsPrivate± Mixed
relevance

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