Administradora de Fondos de Pensiones Habitat (HABITAT) Q2 2025 earnings summary

Executive summary

• Net profit increased 22.7% year-over-year to CLP 80,186 million, driven by improved pension fund performance and higher obligatory reserve profitability.

• Ordinary/operating revenues rose 4.9% year-over-year to CLP 130,844 million, mainly from higher commission income on mandatory savings.

• Market share in total assets under management reached 27.1%, the highest in the industry.

Financial highlights

• Total AUM grew 12.7% year-over-year to CLP 53.98 trillion.

• EBITDA for the last twelve months increased 19.5% year-over-year to CLP 208.1 billion, with EBITDA for the first half at CLP 116,849 million.

• Net profit for the last twelve months reached CLP 140.1 billion, up 22.7% year-over-year.

• Profitability of the obligatory reserve surged 146.9% year-over-year.

• Operating expenses increased 7.0% to CLP 52,973 million, with personnel expenses up 8.7%.

Outlook and guidance

• Maintained leading market share in AUM and contributors, indicating continued industry leadership.

• The Central Bank of Chile raised its 2025 GDP growth forecast to 2.0%-2.75%, with inflation at 4.1% and unemployment at 8.9%.

• All pension funds posted positive returns in Q2 2025, with higher equity exposure funds outperforming.

• Base salary increased 2.7% since December 2024, supporting talent retention.