BMI More Optimistic On URC's Longer-Term Prospects

Bearing out a continued strong growth momentum in both its domestic and international sales, Philippine food and beverage producer Universal Robina Corporation (URC) witnessed an 18% increase in its net sales for the nine months ending September 2011. However, its operating profit margins were inevitably squeezed by input cost inflation. That said, input cost inflation should become less of a concern to URC in the coming quarters. International expansion will remain a strategic priority for URC, and the key tenets of its growth strategy should leave it poised to maintain its growth trajectory going forward.

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