We are a global branded food and beverage company that caters to today’s consumer needs for premium quality, healthy products.
As a food company, Del Monte Philippines remains committed to sustaining its future for its consumers, host communities, business partners, employees, and shareholders in a holistic way, the Triple Bottom Line – people, planet, and performance.
The economic impact of DMPI extends beyond its approximately 4,200 regular employees. In addition, there are about 12,200 employees of service providers who work in all areas of the Company’s operations.
The Company’s pineapple plantations in the southern Philippines encompass one city and 12 municipalities in Bukidnon and one city and six municipalities in Misamis Oriental, Mindanao. An estimated 20,000 families or approximately 100,000 individuals directly or indirectly depend on the Company including those of fruit growers, truckers, harvesters, and maintenance crews.
S&W fresh pineapples
“If you always do what you always did, you will always get what you always got.”
Albert Einstein
For FY2018, the Company generated sales of PhP 27.6 billion in the financial year ending April 2018 (“FY2018”).
About two-thirds of DMPI’s sales are in the core Philippine market, and the balance in exports which gives the Company a natural hedge against the US dollar. Sales in the Philippines expanded by 5% to PhP 17.2 billion, offsetting the marginal 2% decline in export sales to PhP 10.6 billion, resulting in a 3% growth in total DMPI sales. DMPI maintained its dominant market position in the Philippines in categories it competes in.
In the past three years since DMPI generated sales of PhP 22 billion in FY2015, sales have grown to PhP 27.6 billion at a compounded annual growth rate of 7.9%, higher than GDP growth. The Company expanded sales in the Philippines across all categories led by culinary, followed by beverages and packaged fruits, as well as channels led by foodservice, followed by modern trade and general trade.
From a net income of PhP 1.1 billion in FY2015, its earnings have significantly increased by PhP 1.5 billion to PhP 2.6 billion in the past three years at a compounded annual growth rate of 31%. The Company achieved this through improvement in gross profit from higher sales volume, margin increase from the Philippine market, a higher mix of fresh pineapple sales under S&W, aided by the weak peso versus the US dollar, revaluation of biological assets, improving operational efficiency and cost management.
Loading of Del Monte products for export
As a food company, Del Monte Philippines remains committed to sustaining its future for its consumers, host communities, business partners, employees, and shareholders in a holistic way, the Triple Bottom Line – people, planet, and performance.
The economic impact of DMPI extends beyond its approximately 4,200 regular employees. In addition, there are about 12,200 employees of service providers who work in all areas of the Company’s operations.
The Company’s pineapple plantations in the southern Philippines encompass one city and 12 municipalities in Bukidnon and one city and six municipalities in Misamis Oriental, Mindanao. An estimated 20,000 families or approximately 100,000 individuals directly or indirectly depend on the Company including those of fruit growers, truckers, harvesters, and maintenance crews.
Contadina (Facebook site only accessible in the Philippines)
Del Monte CareersDel Monte Philippines, Inc., JY Campos Centre 9th Avenue corner 30th Street,
Bonifacio Global City, Taguig City, 1634 Philippines Tel: +632 8856 2888 Fax: +632 8856 2590