AEV ended the first half of 2019 with a net income of PHP9 billion, 11% lower than the PHP10.1 billion recorded last year. Without one-off gains, AEV’s core net income stood at PHP8.9 billion, 16% lower from PHP10.6 billion year-on-year (YoY). AEV recorded consolidated EBITDA of PHP26.5 billion during the first semester of 2019, a 5% decrease from the PHP28 billion recorded last year.
Aboitiz Equity Ventures, Inc. (AEV) recorded a consolidated net income of ₱3.5 billion for the first quarter of 2019, a 27% decrease from the ₱4.8 billion recorded during the same period last year.
AEV posted a 3% increase in its net income for the full year 2018 to PHP22.2 billion from PHP21.6 billion in 2017 — with the power business unit remaining the biggest income contributor, accounting for 73%, while banking and financial services, food, land, and infrastructure BUs pitched in 16%, 7%, 3%, and 1%, respectively.
Find out about Bisdaks in Motion’s pursuit for the ultimate active lifestyle experience!
This new ISO achievement reflects the Aboitiz Group’s outstanding quality management system that highlights improved customer focus and operational excellence.
The BetterWays Forum aims to better understand team member needs and concerns, and to facilitate an exchange of ideas for the HR’s people-centric programs. It is also an opportunity to share updates, milestones, and upcoming plans to team leaders and members.
The first A-Club in Focus is Sew Very Happy! This A-Club for creative team members is sure to delight those who seek the fulfilling and calming joy of seeing their craft come to life. Read about their first meetup here!
Aboitiz joinins the rest of the world in celebrating our role as stewards of the planet. In the week of March 19, leading up to Earth Hour’s March 24 switch off, Aboitiz Equity Ventures and AboitizLand took the lead in making the week-long Earth fest worthwhile.
Cognizant of the internal changes in the organization that will take place in the near future and the shifting external realities in the Philippine markets, Aboitiz has set into motion a leadership restructuring to better carry out goals and strategies.
Aboitiz Equity Ventures’ Chief Digital Officer Jojo Guingao recently shared how to utilize Digital Media for Social Mobilization in the first National Information Convention, organized by the Philippine Information Agency.
The AEV A-Clubs program is an engagement effort established to promote work-life balance, and cultivate rewarding experiences that help the employees widen their networks and socialize with other employees. Get to know them here to find out which clubs are for you!
AEV ended 2017 with a net income of PHP21.6 billion, compared with 2016’s PHP22.5 billion. The biggest income contribution came from our power business (69%), while our Banking & Financial Services, Food, Land, and Infrastructure strategic business units contributed 18%, 7%, 3%, and 3%, respectively.
Valentine’s is more than just a day of romantic love. Here in AEV, celebrating this day is all about appreciating every A-Person.
Our Employer Brand Journey’s Discovery and Insighting Phase, which we all participated in and completed last December, brought to light how crucial it is for us to take stock of what and how we are communicating our story and value proposition.
AEV has sold its stake in PETNET to CitySavings and UPI, consolidating its investments in the banking and financial services space.
AboitizPower was the winner of this year’s PSE Bell Award for Excellence in Corporate Governance in the Listed Companies category, while AEV bagged the title for Best Compliance and Ethics Program under the Special Category Awards.
Aboitiz Equity Ventures, Inc. (AEV) ended the first nine months of 2017 with a net income of P15.9 billion, 7% lower than last year’s P17.1 billion.
The Aboitiz Foundation and Aboitiz Equity Ventures Inc.’s Government Relations team recently joined forces with the Philippine Army’s Army Artillery Regiment and the Department of Education-Division of Nueva Ecija to distribute learning kits to five elementary schools in Tarlac and Nueva Ecija.
The bakery training will re-equip the soldiers or the Noble Bakers with essential baking skills which will enable them to actively contribute to the Armed Forces of the Philippines (AFP) and the community where they serve.
“It’s all about asking the right questions and telling the rights stories to make the right decisions.” -Isaac Reyes, Founder and Lead Data Science Trainer, Data Seer
Leading the Aboitiz Group’s digital journey, Guingao struck an instant connection with students when he shared digital trends and the big role millennials play in this space.
Aboitiz Equity Ventures (AEV) in a March 16 turnover ceremony proudly received its certificate for ISO 20000-1:2011 IT Service Management System (ITSMS), an international standard given to information technology providers demonstrating excellence in IT processes, documentation, management and improvement.
Special Operations Command (SOCOM) named Aboitiz Foundation Inc. and Aboitiz Equity Ventures Inc. as civilian awardees for their donation of […]
UnionBank and Aboitiz Equity Ventures were among the Philippine companies recognized for their excellence in human resources management and corporate social responsibility at the recently concluded Asia Corporate Excellence and Sustainability Awards (ACES) held last November 17 in Singapore.
Aboitiz Group CEO and President Erramon I. Aboitiz was among the invited panelists at the first BusinessWorld Economic Forum held […]
Aboitiz Equity Ventures’s sale of 68.331 million treasury common shares at PHP74.25 apiece has raised approximately $100 million in additional equity, further strengthening […]
The slowdown in economic growth last year is generally attributed to government under-spending. Actual GDP (gross domestic product) for 2014 […]