RFM eyes sustained sales, profit growth this year

January 17, 2026 | 12:00am

MANILA, Philippines — Food and beverage company RFM Corp. anticipates sustained sales and income growth this year, with its brands and institutional segments, including ice cream, expected to continue performing strongly.

“We remain optimistic about sustaining sales and income growth in 2026, driven by new products, resilient consumer demand, easing inflation and stable commodity prices,” RFM president and CEO Joey Concepcion said.

Concepcion said the company intends to invest in additional capacity and modernization in its ice cream business over the next few years.

He said that aside from new investments in ice cream, RFM is also allocating funds for production upgrades in Selecta Milk to enhance efficiency and yield.

“And while 2026 will see a heavier spend on capital expenditures compared to 2025, RFM’s balance sheet shall remain strong and liquid,” Concepcion said.

RFM is known for brands such as Selecta Milk, Fiesta and Royal Pasta. It also operates a joint venture in the country’s leading ice cream business selling Selecta, Magnum and Cornetto ice cream.

The company earlier said that it was on track to post P22.2 billion in full-year sales for 2025 and projected a net income of P1.6 billion, 14 percent higher than the previous year’s performance.

Given its strong financial performance, RFM said its board has approved a P300 million cash dividend, equivalent to P0.08903 per share, payable on Feb. 24, 2026, to shareholders of record as of Jan. 29, 2026.

“This declaration underscores RFM’s continued commitment to delivering shareholder value following its strong performance in 2025, with preliminary unaudited net income of approximately P1.6 billion and revenues of P22.2 billion, representing 14 percent and two percent growth, respectively,” the company said.

Latest