Aboitiz Equity Ventures Inc. · PSE:AEV
Aboitiz Equity Ventures — 9M 2026 Earnings Presentation
28 slides from Aboitiz Equity Ventures's earnings presentation, Nov 4, 2026
Slide 1: 9M26 Earnings Results Briefing
9M26 Earnings Results Briefing
Slide 2: Disclaimer
Disclaimer This presentation and the information contained herein (this "Presentation") are the sole and exclusive property of Aboitiz Equity Ventures (“AEV”) and shall only be used for the purpose intended herein and may not be used, published or redistributed without the prior written consent of A
Slide 3: Notice
NOTICE This briefing will be recorded. By joining this session, you consent to your name, voice, image and chat comments being recorded for use and dissemination. A copy of this briefing will be uploaded on our website (www.aboitiz.com)
Slide 4: Aboitiz Foods
AboitizFoods Tristan Aboitiz President & CEO Aboitiz Foods
Slide 5: 9M26 Results highlights
9M26 Results highlights ● Revenue grew 17% YoY to PHP79.5b, driven by 9M26 Results PHPm sustained volume delivery across regional Agribusiness feeds and expanded commercial 9M25 9M26 reach in Trading. 79,521 ● EBITDA settled at PHP6.1b (-12% YoY), as early- 67,879 year operational gains were offset
Slide 6: Sustained top-line expansion led by regional Agribusiness and Trading
Sustained top-line expansion led by regional Agribusiness and Trading Consolidated revenue for 9M26 grew 17% YoY to PHP79.5b, underpinned by an 11% volume expansion across regional Agribusiness and Trading. Food & Nutrition revenue contracted 5% YoY, as solid trading gains were outweighed by subdued
Slide 7: Downstream segment drag weighs on Group EBITDA performances
Downstream segment drag weighs on Group EBITDA performances Consolidated 9M26 EBITDA fell 12% YoY to PHP 6.1 billion. Gains from regional Agribusiness and Trading contributions were outweighed by persistent losses in Farms and Meats, alongside a 6% decline in Flour due to margin compression. EBITDA
Slide 8: 9M26 NIAT closes at PHP 2.4B (-32% YoY)
Constrained by EBITDA contraction: 9M26 NIAT closes at PHP 2.4B (- 32% YoY) Reflecting lower consolidated EBITDA, 9M26 NIAT closed at PHP 2.4 billion (-32% YoY). Operational resilience in regional core businesses was more than offset by prolonged deficits in Farms and Meats, alongside a 7% uptick in
Slide 9: The Aboitiz Real Estate Group
The Aboitiz Real Estate Group
Slide 10: 9M26 Results Highlights
9M26 Results Highlights • The consolidated real estate business recorded net 9M26 Results income of PHP7m in 9M26, compared to PHP1.7b in PHPm 9M25, reflecting the absence of non-core asset monetization gains in the Residential segment and 9M25 9M26 lower Economic Estates earnings 7,158 • Residentia
Slide 11: A growing recurring income business and stronger core Residential segment
A growing recurring income business and stronger core Residential segment supported 9M26 operating performance Revenues Residential Core Residential Non-core Economic Estates Sales Economic Estates Leasing PHPm Excluding PHP1.7b in non-core asset Leasing revenue grew 18% in 9M26, monetization revenu
Slide 12: Industrial reservation sales more than doubled in 9M26
Industrial reservation sales more than doubled in 9M26, highlighting Aboitiz Economic Estates' ability to deliver shovel-ready inventory at scale Economic Estates Reservation Sales 38 ha PHPm and hectares 18 ha in PHPm 9M25 9M26 Var 19 ha 110 Industrial 1,550 3,220 108% 13 ha 9 ha 6 ha 9 ha 123 Comm
Slide 13: 9M26 core Residential earnings improved
9M26 core Residential earnings improved, supported by higher-quality sales and lower forfeitures Consolidated NIAT decreased to PHP7m in 9M26 from PHP1.7b in 9M25. This was primarily due to timing factors in Economic Estat es lot sales recognition and the absence of the PHP858m NIAT contribution of
Slide 14: LIMA and TARI Estates bookend the Luzon Economic Corridor
The LIMA and TARI Estates bookend the Luzon Economic Corridor, positioning the Economic Estates platform to capture corridor-linked opportunities LIMA Estate and TARI Estate are strategically positioned along the Aboitiz Economic Estates showcased the role of industry-anchored southern and northern
Slide 15: Economic Estates cultivates investment-ready ecosystems
Beyond shovel-ready land, Economic Estates cultivates investment-ready ecosystems through locator enablement and talent solutions August 2026 September 2026 Classes commenced at Batangas State University’s LIMA Estate Renewed the EaseBiz partnership with PEZA, advancing the locator campus, bringing
Slide 16: Economic Estates platform has unmatched ecosystem depth
Backed by the Aboitiz Group, the Economic Estates platform has unmatched ecosystem depth as an integrated solutions provider ABOITIZ GROUP Strategically Packaged offer of SOLUTIONS located land critical infra & services LOCATOR ENABLEMENT One-stop shop for Basic infrastructure SOLUTIONS permits Shut
Slide 17: Aboitiz InfraCapital
Aboitiz InfraCapital Enabling Businesses. Uplifting Communities. Frocks Roque FVP & Head of Investmen Aboitiz InfraCapital
Slide 18: 9M26 Results highlights
9M26 Results highlights 9M26 Results • Sustained traffic growth at Mactan-Cebu PHPm International Airport drove 9M26 revenue up by 23% YoY to PHP6.7b, delivering higher 6,744 9M25 9M26 EBITDA by 17% YoY to PHP3.6b. 5,495 • Airports contributed PHP2.2b EBITDA 3,587 in 9M26, accounting for 63% of bene
Slide 19: Consistent top-line growth across all business segments
Consistent top-line growth across all business segments Airports anchored overall growth, complemented by steady performance across water and digital infrastructure segments Revenue PHPm 9M25 9M26 YoY Remarks PHPm Airports 3,789 4,838 28% Revenue growth is primarily driven primarily by a 5% YoY impr
Slide 20: Beneficial EBITDA rose to PHP3.6b in 9M26
Beneficial EBITDA rose to PHP3.6b in 9M26 EBITDA expanded by 17% vs 9M25, maintaining a strong 53% margin EBITDA PHPm 9M25 9M26 Reflects 17% YoY increase in MCIA 3,587 traffic 3,059 2,068 2,242 Driven by effective Growth attributed to cost controls ongoing tower expansion 579 667 607 777 Results of
Slide 21: Strong revenue growth drives earnings momentum
Strong revenue growth drives earnings momentum Strong operational performance in 9M26 narrowed the net loss -22% YoY NIAT PHPm -56 -67 -119 -117 -199 -164 -233 -233 -520 -667 Airports Water Digital Infra Corporate expenses Total Note: Consolidated figures shown excludes Economic Estates 21
Slide 22: 9M26 AEV Financial and Operating Results
9M26 AEV Financial and Operating Results
Slide 23: 9M26 AEV Financial and Operating Results
9M26 AEV Financial and Operating Results 23
Slide 24: Group beneficial EBITDA up by 5% YoY
Group beneficial EBITDA up by 5% YoY Power remains AEV’s largest contributor, followed by Food and Beverage, while the Bank segment’s beneficial EBITDA contribution improved significantly year-on-year. Beneficial EBITDA PHPb 9M25 9M26 53.7 51.1 Power accounted for 68% of AEV’s beneficial EBITDA in 3
Slide 25: CCEAP's reported revenue grew by 10% YoY
CCEAP CCEAP’s reported revenue grew by 10% YoY Revenue growth in 9M26 was supported by volume growth and the flow-through of price increases. 77% market share Carbonated soft drinks • Growth momentum was mainly driven by the 7% YoY growth in volumes. By brand, Coca-Cola continued to drive the growth
Slide 26: 9M26 NIAT up 2% YoY to PHP17.8bn
9M26 NIAT up 2% YoY to PHP17.8bn NIAT growth was driven by the topline-driven YoY improvements in the contributions of AP, UBP, and CCEAP. NIAT PHPb 74,336 20,326 68,032 17,542 14,955 13,099 20,137 21,259 17,334 17,765 17,254 17,796 Statutory EBITDA EBITDA Less: Interest Less: Depreciation and Less:
Slide 27: Balance sheet remains primed for expansions
Balance sheet remains primed for expansions Growth in consolidated asset base is attributable to ongoing expansions in Power and the turnover of CBK asset. PHPm CONSOLIDATED PHPm PARENT LEVEL 31 Dec 2025 30 Sep 2026 31 Dec 2025 30 Sep 2026 Cash and Cash Equivalents 87,753 84,765 Gross Debt 87,923 85
Slide 28: Aboitiz
aboitiz
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