Despite the Group’s improved financial status, the ANSA McAL Group will not be paying dividends to its shareholders.
However CEO Anthony N Sabga III said the Group is committed to changing that in 2027.
Mr. Sabga III outlined the Group’s profitable showing in 2025 at the conglomerate’s 48th annual meeting of shareholders on Friday.
“Our group’s revenue increased by 9% to just shy of $7.8 billion, an adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of 21%, operating profit from our continuing operations up 23%, our profit before tax is up by 10% and our earnings per share up by 3%.”
Despite the group’s improved financial performance, one stakeholder expressed their disappointment on the decision to forgo paying dividends, and questioned the CEO on the matter.
Mr. Sabga III responded, “We intend to resume, we remain committed to resuming or seeking to resume dividends by 2027. That’s been consistent.”