Ayala targets profitability for smaller business units

Zobel-led Ayala Corporation, the country’s oldest conglomerate and among the most prestigious, is aiming to surpass its performance in 2024, its strongest year ever, by bringing its smaller and newer businesses to profitability in about two years.

- JAMES A. LOYOLA

During the firm’s annual stock-holders meeting, the company high-lighted the importance of building a more cohesive Ayala Group that creates greater shared value following its record core earnings of P45 billion in 2024.

“We want to ensure that our emerging business units have a credible path to scale and the ability to achieve good valuation levels. Currently, we're focused on helping our emerging businesses achieve profit-ability and scale. At the same time, we want our larger companies to retain their positions as industry leaders,” he noted.

The conglomerate’s major business units are Bank of the Philippine Islands, Ayala Land Inc., Globe Telecom, and ACEN Corporation, while its smaller units include Integrated Microelectronics Inc., AC Mobility, AC Logistics, and AC Health.

Ayala Corporation President and CEO Cezar P. Consing expressed measured optimism that strengthening the major and smaller businesses and capitalizing on the Group's ecosystem will enable Ayala to deliver long-term value.

He noted the importance of Ayala's rationalization initiatives as consistent with the Group's greater focus on business activities that generate the most value.