Universal Robina's Lower Advertising and Promotional Spend May Lift Earnings -- Market Talk

Dow Jones
2025/08/19

0217 GMT - Universal Robina's earnings may gain from likely lower advertising and promotional spending, Maybank Securities' Daphne Sze says in a research report. EBIT margin of its BCF International division rose 127 bps in 1H, partly thanks to tailwinds on cost control, the analyst notes. So far, the Philippine consumer food and beverage product company is ahead of its PHP1 billion cost-savings target for 2025. For its BCF Philippines division, Universal Robina expects to see improvement in EBIT margin by early 2026 from improving coffee spot prices. The brokerage raises its 2025 and 2026 earnings forecasts for the company by 2% and 3%, respectively. It lifts the stock's target price to PHP105.00 from PHP100.00 with an unchanged buy rating. Shares last at PHP84.00. (ronnie.harui@wsj.com)

 

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August 18, 2025 22:17 ET (02:17 GMT)

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