Aboitiz expands portfolio, posts higher Ebitda

Business & Finance
27 Apr 2026 • 12:10 AM MYT
The Manila Times
The Manila Times

One of the longest-running English broadsheets in the Philippines

Aboitiz expands portfolio, posts higher Ebitda

ABOITIZ Equity Ventures (AEV) is reinforcing a shift toward a more diversified and resilient business portfolio following higher earnings in 2025.

The listed conglomerate on Sunday said that consolidated earnings before interest, taxes, depreciation, and amortization (Ebitda) rose 14 percent to P95.4 billion last year, supported by steady contributions across its core businesses.

While power arm remained the dominant earnings driver, accounting for 76 percent of total Ebitda, the company highlighted stronger performances from its infrastructure and food and beverage units, which grew by 89 percent and 20 percent, respectively.

The results reflect AEV’s ongoing transition into an active portfolio manager, said Sabin Aboitiz, president and CEO the Aboitiz Group.

“AEV continues to transform into an active portfolio manager," he said in a statement.

"From UnionBank’s shift into a consumer bank, to our expansion into food and beverages, to the integration of our real estate platform and AP’s evolution into a more modern, technology-enabled power company, we are becoming more focused, agile, and better prepared for the future,” Aboitiz said.

Said to underpin the group’s industrial expansion is the continued buildout of the TARI Estate by Aboitiz Economic Estates in partnership with House of Investments.

In the energy segment, AboitizPower reinforced its role in ensuring energy security through the acquisition of the 789-megawatt Caliraya-Botocan-Kalayaan hydropower complex.

The group also expanded into liquefied natural gas through a 40-percent stake in Chromite Gas Holdings.

Infrastructure unit Aboitiz InfraCapital widened its aviation footprint with the inclusion of Laguindingan and Bohol-Panglao airports while also growing its digital infrastructure network to nearly 3,000 service points nationwide.

Meanwhile, UnionBank of the Philippines continued to scale its retail banking operations with its customer base reaching nearly 19 million in 2025.

The group’s food and beverage business also gained traction, led by Coca-Cola Europacific Aboitiz Philippines, which delivered strong volume growth and maintained a 77-percent share in the domestic nonalcoholic sparkling beverage market.

On the property side, Aboitiz Land posted P637 million in net income while Aboitiz Economic Estates generated P167 billion in cumulative foreign direct investments and supported over 100,000 jobs nationwide.

AEV said it was also advancing its ambition to become the country’s first “techglomerate” by embedding data and analytics across its business units to improve efficiency and decision-making.

For 2026, the conglomerate has earmarked P88.5 billion in capital expenditures to fund strategic priorities.

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