San Miguel Food & Beverage, Inc.

San Miguel Food & Beverage, Inc.

PPSE:FB
43.80
PHP
-0.70
(-1.57%)
Nov 17Next Earn
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
John Paul L. Ang
Full Time Employees
12,012
Sector
Consumer non-durables
Industry
Beverages: alcoholic
Address
100 E. Rodriguez Jr. Avenue Pasig City Philippines 1604
IPO Date
May 15, 1986
Business
San Miguel Food and Beverage, Inc. (SMFB) is a leading Philippine food and beverage company that operates across three primary business segments: beer and non-alcoholic beverages, spirits, and food products; it manufactures and markets a diverse portfolio including San Miguel Pale Pilsen and other beers through San Miguel Brewery Inc., Ginebra San Miguel and spirits via Ginebra San Miguel Inc., processed meats, fresh chicken, fresh and marinated meats under brands such as Purefoods, Monterey, and Tender Juicy, dairy products, ice cream, and chicken under Magnolia, margarine including Star and Dari Creme, coffee via San Mig Coffee, animal feeds with B-Meg, flour and baking mixes through San Miguel Mills, Inc., biscuits and snacks like La Pacita, and ready-to-eat foods spanning the full value chain from animal nutrition to processed goods; key subsidiaries encompass San Miguel Foods, Inc., The Purefoods-Hormel Company, Inc. (a joint venture with Hormel USA), Magnolia, Inc., and San Miguel Foods International, Limited. Incorporated on October 31, 1956, and headquartered at 40 San Miguel Avenue, Mandaluyong City, Philippines, the company--a subsidiary of San Miguel Corporation--primarily serves household, institutional, and foodservice customers throughout the Philippines with worldwide export operations. In 2018, SMFB underwent a major reorganization, amending its purpose and renaming from San Miguel Pure Foods Company, Inc., while consolidating San Miguel Brewery Inc. and Ginebra San Miguel Inc. under its umbrella via a share exchange with parent San Miguel Corporation; recent developments include sustained revenue growth to PHP 400.9 billion in 2024 with 6% increase, a 15% net income rise to PHP 23 billion in first-half 2025 driven by strong food sales and cost efficiencies, digital transformation of its distribution network for nationwide expansion in 2024-2025, and executive promotions such as Francisco S. Alejo III to Director in February 2025.