Company Overview and News

San Miguel Food and Beverage expects to earn P33 billion in 2018

2018-05-11 bworldonline
SAN MIGUEL Food and Beverage, Inc. (SMFBI) — previously known as San Miguel Pure Foods Co., Inc. — is expected to generate P33 billion in earnings this year, once the beer, food, and liquor businesses are fully consolidated under its portfolio, according to sources.

SMC profit soars by 31%

San Miguel Corp. grew its first quarter recurring net income by 31 percent to P19.4 billion.

SMC recurring profit up 31% in 1st quarter

2018-05-10 bworldonline
SAN MIGUEL CORP. (SMC) grew its consolidated recurring profit by a third in the first quarter of 2018, fueled by the performance of its liquor, beer, food, packaging, and fuel businesses.

San Miguel Continuing To Fire On All Cylinders

2018-04-16 seekingalpha
San Miguel (OTCPK:SMGBY) produced full year results which were very well received by the market. Growth across all its sectors looks set to continue in 2018. It remains a good play on the growing Philippines economy as a whole. In addition there is the possibility of new developments which would cause its stock price to rise faster than the current organic growth and good valuation would imply.

Pure Foods share sale seen to become bigger

What is set to become the largest share sale in Philippine history may become even bigger after San Miguel Corp.’s chief said he could offer as much as a third of the conglomerate’s soon-to-be-consolidated food and beverage businesses to the investing public.

Pure Foods’ name change gets SEC green light

2018-03-27 bworldonline
SAN MIGUEL Pure Foods Company, Inc. (SMPFC) said it has secured the Securities and Exchange Commission (SEC)’s approval to amend its name and primary purpose, among others, to reflect the consolidation of the San Miguel group’s traditional businesses.

SEC approves San Miguel Pure Food’s name change

2018-03-27 bworldonline
San Miguel Pure Foods Company, Inc. (SMPF) said it has secured the Securities and Exchange Commission (SEC)’s approval to amend its name and primary purpose, among others, to reflect the consolidation of the San Miguel group’s traditional businesses.

San Miguel Brewery’s P35-B bonds keep top credit rating

2018-03-25 bworldonline
LOCAL DEBT watcher Philippine Rating Services Corp. (PhilRatings) maintained the top credit rating for San Miguel Brewery, Inc. (SMBI)’s P34.81-billion bonds, citing its continued positive performance and strong position in the market.

SMPFC defers follow-on offering to 2nd half

2018-03-19 bworldonline
SAN MIGUEL Pure Foods Company, Inc. (SMPFC) is pushing back a planned follow-on offering (FOO) to the second half of the year.

SMC core profit up 11% in 2017

2018-03-15 bworldonline
SAN MIGUEL Corp. (SMC) chalked up a double-digit growth in recurring earnings last year on the back of the strong performance of its traditional businesses coupled with the positive results of its power and oil segments.

San Miguel Pure Foods earns P6.9B in 2017

2018-03-14 bworldonline
SAN MIGUEL Pure Foods Company, Inc. (SMPFC) booked a double-digit increase in earnings in 2017, boosted by the strong performance of its poultry, fresh meats, and branded business segments.

Corporate earnings seen top of investors’ minds

2018-03-11 bworldonline
BARRING any jarring global development, investors in Philippine stocks will likely have their eyes glued to more corporate earnings data that will be released this week, analysts said over the weekend.

SMPF to open Laguna facility in 2019

2018-02-18 bworldonline
SAN MIGUEL Pure Foods Company, Inc. (SMPF) is on track to complete a new manufacturing facility that will produce ready-to-eat products in Laguna by the first quarter of 2019.

SMC food unit to conduct follow-on offering by Q2

2018-01-18 bworldonline
SAN MIGUEL Food and Beverage, Inc. (SMFBI) looks to conduct a follow-on offering by the second quarter of 2018 in order to meet the minimum public float of 15%.

Excess, ease, and heritage

2018-01-10 bworldonline
AS IN fashion, food also follows trends that mirror what society at present wants (but says they need). San Miguel Pure Foods played trend forecaster this year when the company showcased food trends that it predicts will sizzle this year.

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