Del Monte Pacific Limited · SGX:D03
Del Monte Pacific — Shareholder Meeting (September 2025)
14 slides from Del Monte Pacific's shareholder meeting presentation, Sep 29, 2025
Slide 1: AGM Presentation
AGM Presentation 29 September 2025 1
Slide 2: Disclaimer
DISCLAIMER ▪ This presentation may contain statements regarding the business of Del Monte Pacific Limited and its subsidiaries (the “Company”) that are of a forward-looking nature and are therefore based on management’s assumptions about future developments. Such forward- looking statements are typi
Slide 3: Contents
CONTENTS • Background on U.S. Business • FY2025 Results (1 May 2024 to 30 April 2025) • 1Q FY2026 Results (1 May 2025 to 31 July 2025) • Market Updates • Debt Profile • Strategic Priorities & Outlook 3
Slide 4: Background on U.S. Business
BACKGROUND ON U.S. BUSINESS 5 May 2025: DMPL did not contribute US$45m to the U.S. business1 to settle loans 1 July 2025: DMFHL files for Chapter 112 restructuring in the U.S. • DMPL classified the U.S. business as discontinued operations as per IFRS 5 for its FY2025 ending 30 April financial statem
Slide 5: Discontinued Operations (U.S.)
DISCONTINUED OPERATIONS (U.S.) Full Year FY2025 • DMFC recorded sales of US$1.66bn, down 3% from prior year’s US$1.71bn. – Due to lower volume across core categories (particularly fruit cups, canned fruits, canned vegetables, tomato and broth categories), partly offset by pricing actions. • Net loss
Slide 6: Continuing Operations (Ex-U.S. Business)
CONTINUING OPERATIONS (EX-U.S. BUSINESS) Full Year FY2025 • DMPL ex-U.S. business generated sales of US$789.5m, +11% on higher sales of both international and Philippine markets. – Philippine market sales of US$370m +6% in peso terms and +3% in US dollar terms on higher beverage and packaged fruit s
Slide 7: Continuing Operations (Ex-U.S. Business) FY2025 Results
CONTINUING OPERATIONS (EX-U.S. BUSINESS) FY2025 RESULTS In US$m FY2025 FY2024 Chg (%) Comments Higher sales in international markets and in the Turnover 789.5 710.8 +11.1 Philippines Higher volume, better sales mix and pricing, and Gross profit 224.0 172.2 +30.1 favourable impact of weaker peso on e
Slide 8: Continuing Operations (Ex-U.S. Business) 1Q FY2026
CONTINUING OPERATIONS (EX-U.S. BUSINESS) 1Q FY2026 (May-July 2025) • DMPL sustained its growth trajectory in 1Q FY2026. • Sales of US$203.7m, up strongly by 13%, on higher sales in the Philippines and international markets. • Net profit jumped to US$5.5m from US$0.4m driven by improved sales and mar
Slide 9: 1Q FY2026 Results
1Q FY2026 RESULTS 1Q 1Q In US$m Chg (%) Comments FY2026 FY2025 Higher sales in the Philippines and Turnover 203.7 180.4 +12.9 international markets Higher volume, better pricing, lower cannery cost from improved pineapple recovery and and lower plantation cost due to higher yield. Gross profit 66.1
Slide 10: 1Q FY2026 Philippines
1Q FY2026 PHILIPPINES DMPL sales: US$203.7m, +13% Philippine sales: US$88.4m, +10% in peso terms and +15% in USD terms • Continued growth in the Philippines driven by strong demand across beverages, packaged fruits and culinary essentials. • In beverages, we continued to strengthen leadership throug
Slide 11: 1Q FY2026 Philippines
1Q FY2026 PHILIPPINES • In culinary, positioned Tomato Sauce as a nutrient-rich ingredient with lycopene, vitamins A and C, and iodine to improve family nutrition. ✓ Supported by nationwide Nutri-licious advocacy, aligning Del Monte with the national agenda of addressing malnutrition. • In packaged
Slide 12: 1Q FY2026 International
1Q FY2026 INTERNATIONAL • Sales in the international markets grew by 6% to US$97.2m. • Leading market shares in Fresh Pineapple: China (72%), S. Korea (42%), Japan (23%, strong #2) – North Asia (50%) • Driven by higher fresh pineapple sales in China and Japan, supported by an improved product mix an
Slide 13: DMPL Debt Profile
DMPL DEBT PROFILE • As of 1 May 2025 upon deconsolidation of the U.S. business, the DMPL’s total liabilities were reduced by US$1.5bn. • Total loans as of 31 July 2025: US$1.0bn (lower than the US$1.1bn as of last year) o Average interest rate: 7.2% o 54% short term and 48% long term o 77% in US$ an
Slide 14: Strategic Priorities and Outlook
STRATEGIC PRIORITIES AND OUTLOOK • DMPL is focused on protecting and growing the Asian operations to drive long-term growth and profitability. – Del Monte Philippines continues to perform well with resilient consumer demand, supported by a strong and stable supply chain. • DMPL’s immediate key prior
Del Monte Pacific — Shareholder Meeting (September 2025) on 6ix