Wilmar International (F34) H2 2025 earnings summary

Executive summary

• FY2025 revenue rose 5% year-over-year to $70.4 billion, with net profit up 21% to $1.41 billion.

• Challenging global conditions, including geopolitical tensions and regulatory changes, impacted operations, but results remained resilient.

• One-off non-core adjustments totaled $104 million, mainly from remeasurement gains, provisions, and legal cases.

Financial highlights

• EBITDA increased 10% year-over-year to $4.27 billion; profit before tax up 20% to $2.09 billion.

• Core net profit rose 10% to $1.28 billion, excluding non-core items.

• Earnings per share climbed 21% to 22.6 US cents; dividends per share fell 13% to 14.0 Singapore cents.

Outlook and guidance

• Operating conditions in 2026 expected to remain challenging; results for FY2026 anticipated to be satisfactory barring unforeseen events.