Company Overview and News

With Standhardinger comes adjustments

2018-05-13 bworldonline
SELECTED first overall in this season’s Philippine Basketball Association (PBA) rookie draft, Christian Standhardinger was expected to fortify what already is a solid San Miguel crew.

SMC unit seen hitting $12-B capitalization

Notwithstanding the overall stock market slump, San Miguel Food and Beverage (FB) Inc. has attracted strong interest from potential cornerstone investors and is thus likely to attain $12-billion market capitalization during its upcoming follow-on stock offering.

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.

San Miguel Corp. ADR 2018 Q1 - Results - Earnings Call Slides

2018-05-10 seekingalpha
The following slide deck was published by San Miguel Corp. ADR in conjunction with their 2018 Q1 earnings call.

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.

SMC to sell fixed-rate bonds

San Miguel Corp. (SMC) plans to raise at least P10 billion through the sale of fixed-rate bonds, which will mainly be used to refinance debt and expand businesses.

SMC eyes at least P10B from fixed-rate notes

2018-05-09 bworldonline
SAN MIGUEL Corp. (SMC) looks to raise at least P10 billion from the issuance of fixed rate notes due 2020 to refinance existing debt and to manage dollar-denominated obligations.

Clark International Airport lures business tycoons

Big business groups are eyeing Clark International Airport in Pampanga province, an air gateway north of Manila, which is significantly rising as an investment hub under the current administration.

SMC to issue P10-billion fixed rate notes

2018-05-09 bworldonline
San Miguel Corp. (SMC) looks to raise P10 billion from the issuance of fixed rate notes due 2020 fo refinancing existing debt and to manage dollar-denominated obligations.

Banding together

2018-05-08 bworldonline
Having covered the local sports beat for a while now and talked to many stakeholders, one thing stands out is the fact that much still needs to be done as far as the country’s sports program is concerned.

SMB, Standhardinger make Commissioner’s Cup debut

2018-05-08 bworldonline
THE defending Philippine Basketball Association (PBA) Commissioner’s Cup champions San Miguel Beermen finally make their debut and they are doing it with a “big package” at hand in rookie Christian Standhardinger.

Venezuelan Soldiers Desert in Droves With Presidential Election Ahead - Bloomberg

2018-05-08 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Swarm of quakes hits El Salvador, damaging nearly 200 homes

SAN SALVADOR, El Salvador — A swarm of earthquakes shook southern El Salvador on Sunday, damaging nearly 200 homes and touching off small landslides but there were no reports of serious injuries or deaths.

Only 1 PDS shareholder renews SPA with bourse

2018-05-06 bworldonline
ONLY ONE shareholder of the Philippine Dealing System Holdings Corp. (PDSHC) renewed its share purchase agreement (SPA) with the Philippine Stock Exchange, Inc. (PSE), the bourse operator said on Saturday.

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