The ANSA McAL Group is looking toward expansion into two new international markets, with a particular focus on Africa and Venezuela.
On Wednesday, during the Group’s presentation of its financial results for the period ending March 31st, 2026, at Samaan Estate on Hayes Street, St Clair, Group Chief Financial Officer Nicholas Jackman noted that the company had surpassed last year’s performance across several key metrics, pointing to continued underlying growth across its diversified portfolio.
“The group revenue increased 6% year on year, up to $1.848 billion. Now that may sound like a steady number, but I think here’s the important point. This is the result of diversified and structural growth across all our industries. Our profitability tells a deeper story. First quarter, profit before tax: up 7%, and earnings per share up 18%.”
The Group’s major income earner continues to be its brewing arm, which, together with construction, manufacturing and packaging, accounts for 50% of total Group revenue.
Mr. Jackman pointed out that the Group’s financial footing provides it with “strategic optionality” to invest and expand.
Asked about expansion plans and possible expansion into new markets, Group Chief Executive Officer Anthony N. Sabga III said the conglomerate is always on the lookout for new opportunities.
“There are items for which there are new markets that we’re considering. Certainly Africa, amongst others, and we will make those investments as and when. We tend to look for markets within which our products or services may find an interesting agenda and also where there are opportunities to deploy capital alongside where we have technological and human capabilities.”
Mr. Sabga also noted the company is closely watching geopolitical shifts involving Venezuela, including the return of US companies to the market.
“Without a doubt, there are some transformational things taking place in that sort of geopolitical landscape that we have plans in place to ensure that we mitigate any of the ill effects but also plans in place to ensure that we’re capitalising on those opportunities as and when and where they exist.”
One such success was Carib’s entrance into the Indian market, a move which, according to the Group CEO, continues to build momentum and is recording profitability.