RFM SEES DOUBLE-DIGIT INCOME GROWTH, TARGETS P1.6B PROFIT IN 2025

RFM Corporation CEO Joey Concepcion III said the company is on track to post P22.2 billion in full-year sales for 2025, reflecting a modest 2% increase based on preliminary unaudited and forecast data.

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Despite the soft topline expansion, this sales performance is expected to deliver a stronger 1.6 billion net income for the year, representing a solid 14% year-on-year growth and underscoring RFM’s focus on profitability and operational discipline.

Concepcion emphasized that RFM’s core brands—Selecta Milk, Selecta Ice Cream, Royal Pasta, and Fiesta Pasta—continue to demonstrate healthy consumer demand and positive market traction. These core businesses remain the primary engines of volume growth. However, he noted that overall sales momentum for 2025 has been tempered by softer flour prices and missed selling opportunities caused by typhoons and flooding in Luzon, which temporarily affected sales of Magnum RFM Ice Cream Inc., the company’s joint venture in ice cream.