|Apr 21, 2017|
|Apr 21, 2017|
Currency in PHP
|Full time employees:||29,801|
Universal Robina Corp. is engaged in the manufacture and distribution of consumer food products. It operates through the following segments: Branded Consumer Foods, Agro-Industrial Products, Commodity Food Products, and Corporate Business. The Branded Consumer Foods segment manufactures and distributes salty snacks, chocolates, candies, biscuits, bakery products, beverages, instant noodles, pasta and tomato-based products. The Agro-Industrial Products segment produces and distributes an animal health products, animal feeds, glucose and soya bean products; and operates hog and poultry farm. The Commodity Food Products segment refines sugar and flour as well as manufactures pasta. Its products include savory snacks, biscuits, cakes, candies, chocolates, ready-to-drink tea and coffee; juices, bottled water, energy drinks, pure and blended coffee; creamer, instant coffee and chocolate mixes; pouch and cup noodles; canned beans, sauces and tomato paste. The Corporate Business segment engages in bonds and securities investment and fund sourcing activities. The company was founded by John L. Gokongwei Jr. on September 28, 1954 and is headquartered in Quezon City, Philippines.
Founded by Filipino-Chinese John Gokongwei in 1954 as a cornstarch factory, Universal Robina is now a leading snack and beverage producer in the Philippines. It is also one of the Filipino companies that have successfully expanded their footprint abroad. The company has full-scale operations in Thailand, Singapore, Malaysia, Vietnam, Indonesia, China and Hong Kong. It also plans to start operations in Myanmar by the end of 2014.
In the Philippines, Universal Robina enjoys the No. 1 market share in the snacks, candies, chocolates, canned beans and ready-to-drink tea segments and the No. 2 position in cup noodles and instant coffee sectors.
The company is continuously expanding its product portfolio. In 2014 alone, the company struck at least three deals as part of this effort.
In March, it teamed up with Calbee for the local production and sale of the Japanese snack marker's products in the Philippines. In July, Universal Robina took over New Zealand's NZ Snack Food Holdings for 700 million New Zealand dollars ($550 million), marking its first expansion outside Southeast Asia and China. In October, the company announced a joint venture with Danone Asia Holdings in a bid to expand its beverage portfolio.
The company is looking at establishing production plants in Laos and Cambodia to complete its presence in Southeast Asia.
In the news
New Philippine economic blueprint prioritizes dispersed infrastructure spending
March 9, 2017 9:00 am JST
February 27, 2017 9:05 pm JST
Philippine market leader diversifying into plant-based products
February 16, 2017 10:56 pm JST
Philippine food and beverage maker plans to spend less than it did in 2016
January 16, 2017 8:45 pm JST
Snack maker's smaller bags of chips are 70% cheaper than their larger cousins
January 13, 2017 3:20 pm JST
December 27, 2016 8:52 pm JST
- Local currency
- US Dollar
|Income before tax||19,031.50M|
|Dividends per share||1.65|
|Operating cash flow||16,790.68M|
Currency in PHP
|Income before tax||405.53M|
|Dividends per share||0.03|
|Operating cash flow||357.78M|
Currency in USD
- President, Chief Executive Officer & Director: Lance Yu Gokongwei
- CFO-URC Branded Consumer Foods Group: Francisco M. del Mundo
- Compliance Officer: Arlene Sta. Rosa-Denzon
- Executive Vice President & Managing Director: Cornelio S. Mapa
- Senior Vice President: Constante T. Santos
- JG Summit Holdings, Inc.(55.2%)
- Genesis Investment Management LLP(2.7%)
- T. Rowe Price International Ltd.(1.4%)
- Arisaig Partners (Asia) Pte Ltd.(1.4%)
- The Vanguard Group, Inc.(1.2%)
- LGM Investments Ltd.(0.7%)
- BlackRock Fund Advisors(0.7%)
- Norges Bank Investment Management(0.6%)
- GOKONGWEI ELIZABETH YU(0.6%)
- Harding Loevner LP(0.6%)
- Website: http://www2.urc.com.ph
- Address: 110 E. Rodriguez Avenue, Bagumbayan, Quezon City, 1100, Philippines
- Phone: +63.2.633.7631
Copyright © 2017 FactSet Research Systems Inc. All rights reserved.