Del Monte Pacific Limited (DMPLF) Q3 2026 Earnings Call Transcript

Ignacio Sison
Chief Corporate Officer

Good evening to you all. Thank you for joining Del Monte Pacific’s results briefing for the third quarter and 9 months ending January for fiscal year 2026. Representing Del Monte in this call are Luis Alejandro, COO of Del Monte Pacific and President and COO of Del Monte Philippines; Parag Sachdeva, CFO; and I am Iggy Sison, Chief Corporate Officer of DMPL.

Parag will go through 3 slides on the 3 months and 9 months results, and then Cito Alejandro will wrap up with the strategic priorities and outlook, and then we’ll proceed to Q&A, which will be moderated by our colleague, Jennifer Luy, okay? So we’ll go through the highlights now with Parag Sachdeva. Thank you.

Parag Sachdeva
Chief Financial Officer

Thanks a lot, Iggy, and good evening to all who are on the call. Pleased to share with you the third quarter and year-to-date month 9 results for Del Monte Pacific. We did sustain a very strong growth trajectory in the third quarter. Our sales at $243.8 million were up 20% on higher sales in the international markets and also Philippines did grow by 5% in U.S. dollar terms. Our net profit at $10 million continued to be in the same trajectory as we had seen in the first half, and it improved from $2.5 million, driven by improved sales and margins.

If you consider and recognize write-down of investments and other assets under discontinued operations that resulted in negative equity at the end of fiscal ’25, the company’s net debt-to-equity ratio is a