Axelum sets ₱200-million capex to sustain record performance
Axelum Resources Corp., the country’s leading fully integrated manufacturer of premium coconut food products, expects to sustain its strong growth seen in 2025, when revenues reached a record high.
“For 2026, we remain positive in sustaining this momentum as we continue to invest in building strategic capabilities to further strengthen resilience and drive innovation,” said Axelum President and Chief Operating Officer (COO) Henry J. Raperoga in a disclosure to the Philippine Stock Exchange (PSE) on Monday, April 13.
However, he noted that, “We are closely monitoring the situation in the Middle East and assessing its potential impacts on the business, specifically on fuel and logistics.”
Axelum has programmed capital spending for 2026 at approximately ₱200 million for new machinery, equipment maintenance, and automation of management systems.
For 2026, the firm is poised to accelerate its consumer-branded segment with the rollout of new and exciting domestic retail offerings.
At the same time, Axelum continues to develop fresh, innovative, and high-value products at various stages of incubation targeted for the export market.
The firm posted a 23-percent growth in net income to ₱850 million last year from ₱688 million in 2024, as consolidated topline grew 39 percent to an all-time high of ₱10.2 billion in 2025, driven by robust volume growth and higher average selling prices across core product segments.
Export sales rose 41 percent owing to new customer acquisitions and a larger order book, particularly in North America, Europe, Australia, and Asia.
Local sales jumped 47 percent, attributed to an emerging institutional business, a wider distribution footprint, and stronger online engagement.
“Our record performance in 2025 underscores our ability to consistently deliver value amid industry headwinds and global uncertainties,” said Raperoga.
Gross profit rose 34 percent to ₱2.5 billion, with gross margin holding steady at 25 percent, despite average nut buying prices significantly increasing on the back of lingering supply challenges.
Earnings before interest, taxes, depreciation, and amortization (EBITDA) stood at ₱1.4 billion, up 30 percent, following the implementation of cost containment initiatives and the capitalization of synergistic opportunities across the business.
In spite of cost pressures, EBITDA and net margins were maintained at 14 percent and eight percent, respectively, anchored on scale and strategic resource optimization.