Century Pacific Food, Inc. · PSE:CNPF
Century Pacific Food — 9M 2025 Earnings Presentation
30 slides from Century Pacific Food's earnings presentation, Nov 6, 2025
Slide 1: Setting the Table for Shared Prosperity
Setting the Table for Shared Prosperity CNPF 9M25 RESULTS PRESENTATION 06 NOVEMBER 2025
Slide 2: Latest Financial Performance
LATEST FINANCIAL PERFORMANCE
Slide 3: Key Takeaways
KEY TAKEAWAYS CNPF DELIVERS 15% REVENUE AND PROFIT GROWTH IN 3Q25, LEADING TO 8% REVENUE AND 10% PROFIT GROWTH YTD Recovering OEM Accelerating Branded Gross margin segment as global segment posted compression trade environment broad-based, mitigated by lower improves, despite volume-led growth opex
Slide 4: 9M 2025 Financial Results Highlights
9M 2025 FINANCIAL RESULTS HIGHLIGHTS TOTAL BRANDED OEM GROSS NET INCOME REVENUES REVENUES REVENUES MARGIN 3Q Growth year- +15% +18% +4% -260 bps +15% on-year 22.1B 17.4B 4.7B 25.1% 1.9B 9M +8% +12% -5% -110 +10% Growth year- bps on-year 61.8B 49.7B 12.1B 25.5% 5.8B 4
Slide 5: CNPF's Topline Accelerates in 3Q, Bringing 9M Growth to 8% YoY
CNPF’S TOPLINE ACCELERATES IN 3Q, BRINGING 9M GROWTH TO 8% YoY Quarterly Revenue Trend YoY Revenue Trend In PHP B In PHP B 12% QoQ 3Q25 vs 2Q25 8% YoY 9M25 vs 9M24 22.1 13% YoY 9M24 vs 9M23 19.9 15% YoY 61.8 19.8 3Q25 vs 3Q24 56.9 Trailing 18.5 50.5 3Q 2025 19.6 19.2 Trailing 18.2 3Q 2024 16.7 4Q 1Q
Slide 6: All-Weather, Multi-Cycle Business Model Supports Sustained Growth Performance
ALL-WEATHER, MULTI-CYCLE BUSINESS MODEL SUPPORTS SUSTAINED GROWTH PERFORMANCE Revenue Breakdown Revenue Growth Split YoY Revenue Growth In PHP B 8% YoY Branded OEM 9M25 vs 9M24 50% OEM 44% 5.5 (0.6) 61.8 40% 57.0 18% 22% 20% 30% 15% 18% +12% YoY -5% YoY Total 13% 11% 13% 20% vs 9M24 vs 9M24 CNPF 10%
Slide 7: Robust 3Q Branded Segment Performance Underpinned by Double-Digit Volume Growth
ROBUST 3Q BRANDED SEGMENT PERFORMANCE UNDERPINNED BY HEALTHY, DOUBLE-DIGIT VOLUME GROWTH Branded Quarterly Revenue Trend YoY Branded Revenue Growth Branded YoY Revenue Trend In PHP B In PHP B 7% QoQ Volume growth in the teens 2Q25 vs 1Q25 20% 18% 12% YoY 9M25 vs 9M24 17.4 18% 6% YoY 9M24 vs 9M23 16%
Slide 8: Resilient Domestic Business Performance Influenced by Easing Inflation
RESILIENT DOMESTIC BUSINESS PERFORMANCE INFLUENCED BY EASING INFLATION Inflation remains low due to rice prices, Implication to CNPF portfolio with marginal improvements in consumer sentiment 10 60. 0 Rice deflation eases pressure 5.7 from consumer wallets, supporting demand 50. 0 5 2.9 1.9 1.8 1.4
Slide 9: OEM Recovery in 3Q Amid Improving Trade Landscape
OEM RECOVERY IN 3Q AMID IMPROVING TRADE LANDSCAPE, EASING YEAR-TO-DATE SOFTNESS OEM Quarterly Revenue Trend Skipjack Tuna Price Trend OEM YoY Revenue Trend In PHP B 4% YoY In PHP B 3Q25 vs 3Q24 5% YoY 42% YoY 9M25 vs 9M24 31% QoQ 9M24 vs 9M23 3Q25 vs 2Q25 12.7 4.5 4.7 12.1 4.3 2024 3.9 3.8 2025 3.5
Slide 10: Sustained Profit Growth as Disciplined Spending Offsets Increase in Input Costs
SUSTAINED PROFIT GROWTH AS DISCIPLINED SPENDING OFFSETS INCREASE IN INPUT COSTS Positive Profit Growth Momentum Margins Reflecting CNPF’s Disciplined Approach to Spending In PHP M Gross Margin 26.6% Gross margins soften YoY due to -110bps normalizing input costs versus favorable 25.5% prior year bas
Slide 11: Healthy Cash Position and Cash Generation Fund Investments and Higher Dividends
HEALTHY CASH POSITION AND CASH GENERATION FUND INVESTMENTS AND HIGHER DIVIDENDS 9M 2025 Cash Flows In PHP M 3,806 Dividends of 8,766 Php1.10 per share (4,562) Increase in (2,242) receivables and inventory offset Capacity increase in expansion and payables Loma Linda (3,896) 3,228 acquisition 3,295 (
Slide 12: Business Highlights & FY 2025 Outlook
BUSINESS HIGHLIGHTS & FY 2025 OUTLOOK
Slide 13: Advancing Our Strategic Growth Pillars
ADVANCING OUR STRATEGIC GROWTH PILLARS REINFORCE SCALE THE FUTURE-PROOF THE CORE GROWTH DRIVERS THE BUSINESS Continuously investing in capacity expansion, digital ENHANCE CAPABILITY transformation, R&D, and talent management Creating value for all stakeholders through our 3P PROSPER SUSTAINABLY sust
Slide 14: Reinforcing Our Core Brands to Drive Double Digit Growth
REINFORCING OUR CORE BRANDS TO DRIVE DOUBLE DIGIT GROWTH Leveraging multi-brand portfolio in Marine Focus on value leads Meat to growth Continued on-ground activations Refreshed communications Price rollback and communications for Argentina Meat Loaf for Century Tuna with new endorsers for 555 * * #
Slide 15: Scaling Growth Drivers to Further Boost Branded Growth
SCALING GROWTH DRIVERS TO FURTHER BOOST BRANDED GROWTH Accelerate topline performance in Milk Support growth momentum of Coconut Invest in profitable niches such as Birch Tree Adult Boost Seasonal communications Promotions for Birch Tree Fortified Coco Mama growth supported by additional capacity wi
Slide 16: Continuously Support New Verticals to Future Proof the Business
CONTINUOUSLY SUPPORT NEW VERTICALS TO FUTURE PROOF THE BUSINESS Sustain exponential growth in Pet Food Expand portfolio in Plant-Based unMEAT Rice Bowls Investing in the brand and leveraging celebrity endorsers for Participation in Loma Linda Acquisition Goodest to generate awareness and trial vario
Slide 17: Enhancing Capabilities to Realize Strategic Growth Targets
ENHANCING CAPABILITIES TO REALIZE STRATEGIC GROWTH TARGETS Acquisition of Third Coconut Processing Facility Leveling Up Supply Chain Via Partnership with Blue Yonder • Addressing growing coconut business via acquisition of a third plant in Tupi, South Cotabato, which should create at least 800 quali
Slide 18: Prospering Sustainably Alongside Growth Ambitions
PROSPERING SUSTAINABLY ALONGSIDE GROWTH AMBITIONS Leveraging Our Brands to Create Shared Value Among our Stakeholders +33% YoY increase in average monthly collections Century Tuna Saving our Seas Renewed 1M Coconut Seedling Pledge Birch Tree Nutrition Mission ~5 MT of plastic waste collected monthly
Slide 19: 2025 Outlook
2025 OUTLOOK 2025 Outlook 2025 Growth Drivers Topline Double-digit growth • Topline to be supported by continued resilience in branded amidst softness in OEM exports • Bottomline outlook influenced by margin pressures from normalizing input costs mitigated by moderated opex spending 2024 - 2025F • T
Slide 20: 2026 Preliminary Outlook
2026 PRELIMINARY OUTLOOK ALL-WEATHER PORTFOLIO TO DELIVER 10-15% TOPLINE & BOTTOMLINE GROWTH Sustained Branded momentum through Recovering OEM Exports Managed spending to continuous market and capacity expansions grow bottom line in development and to support demand lockstep with topline innovation
Slide 21: Thank You!
THANK YOU! 3 extel 2025 All-Asia Executive Team Rest of Asia All-Philippines (ex-Japan and China) (Overall) Most Honored Company 2nd _ Board of Directors In Consumer Staples PLACE IR Program 3rd Best CEO - Overall PLace Ted Po Ist Beet CEO Best CFO - Overall Place ‘ed Po Chad Manapat Best CFO Best I
Slide 22: Setting the Table for Shared Prosperity
Setting the Table for Shared Prosperity CNPF 9M25 RESULTS PRESENTATION 06 NOVEMBER 2025
Slide 23: Annex
ANNEX
Slide 24: Other Financials
OTHER FINANCIALS
Slide 25: 9M 2025 Summarized P&L
9M 2025 SUMMARIZED P&L In PHP Mill 9M 2024 9M 2025 Change YoY Net Revenues 56,948 61,787 8% • Revenues grew 8% mainly driven by resilient Cost of Sales 41,791 46,051 10% growth in branded business Gross Profit 15,157 15,737 4% • Branded up 12%, driven by double-digit Operating Expenses 8,617 8,794 2
Slide 26: 9M 2025 Summarized Balance Sheet
9M 2025 SUMMARIZED BALANCE SHEET In PHP Mill Dec 2024 Sep 2025 In PHP Mill Dec 2024 Sep 2025 Cash 3,228 3,295 Trade and Other Payables 13,787 17,517 Receivables 10,718 13,954 Inventory 18,594 20,245 Notes Payable - Current 224 4,046 Current Assets 35,985 44,624 Long-Term Loan 3,100 3,084 PPE 10,023
Slide 27: 9M 2025 Summarized Cash Flow
9M 2025 SUMMARIZED CASH FLOW In PHP Mill 9M 2024 9M 2025 • Increase in working capital as higher Profit before Tax 6,210 7,035 receivables and inventories offset higher Depreciation & trade and other payables 1,369 1,466 Amortization Working Capital Change (2,030) (4,562) • Strong cash generation su
Slide 28: CCC Stable vs YE 2024
*Working capital days CCC STABLE VS YE 2024 Working Capital Receivables Inventory Payables & Cash Conversion Cycle & Receivable Days & Inventory Days & Payable Days* 84 80 52 63 122 123 90 106 15,525 16,681 10,718 13,954 18,594 20,245 13,787 17,517 FY24 9M25 FY24 9M25 FY24 9M25 FY24 9M25 • Cash conv
Slide 29: Financial Ratios
FINANCIAL RATIOS 0.19 0.09 • Increase in gearing ratio due to Gearing (x) increase in short-term debt, comfortable levels maintained FY24 - 9M25 0.10 • Slightly higher net gearing ratio driven Net Gearing (x) by short-term debt 0.00 FY24 - 9M25 2.47 2.00 • Current ratio decreased vs YE figure Curren
Slide 30: Ortigas Center, Pasig City, Philippines
Ortigas Center, Pasig City, Philippines investorrelations@centurypacific.com.ph +632 8633 8555 www.centurypacific.com.ph http://edge.pse.com.ph www.linkedin.com/company/century-pacific-food-inc-/ www.facebook.com/CenturyPacificFoodInc This document is highly confidential and being given solely for y