AEV

Corporate Center

AEV ends first half of 2019 with PHP9 billion net income

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.

Corporate Center

PARIMA Manila tackles evolving risks in gauging preparedness

Today’s risk practitioners are facing a new scope of risks with varied meanings in the way they impact operations. With the theme of ‘Redefining Risks’, the 2019 Pan-Asia Risk and Insurance Management Association (PARIMA) regional conference in Manila sought to understand these new challenges and posed this question: “Are risk professionals prepared?”

Corporate Center

Values-Driven Growth: AEV and AboitizPower ASM 2019

Aboitiz Equity Ventures, Inc. (AEV) has earmarked PHP81 billion in capital expenditures (capex) for 2019, a 65% increase from roughly PHP50 billion utilized in the previous year. The bulk of the fresh funding will be infused into power and infrastructure projects to sustain growth momentum over the long-term.

Corporate Center

AEV’s nine-month net income up by 9% to PHP17.3 billion

On a year-to-date basis, AEVs net income for the first nine months of 2018 was PHP17.3 billion, 9% higher than the PHP15.9 billion recorded last year, while core net income stood at PHP17.7 billion, up 4% from PHP17.1 billion last year. Gains from the company’s Power, Food, and Land strategic business units contributed to the increase.

Other CSR

Improving capabilities through government partnerships

With GovRel’s Innovation in Governance Academy (IG Academy), Aboitiz was able to offer to both National Irrigation Authority (NIA) and Intelligence Service of the Armed Forces of the Philippines (ISAFP) training modules which actually helped them improve not only themselves but also the processes they handle in their work assignments.

Corporate Center

AEV HR Team continues to find BetterWays

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.

Corporate Center

Meet your AEV A-Clubs!

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!

Cover Story

The Aboitiz Leadership and Culture Symbiosis

The Aboitiz Leaders Conference was held again recently, bringing together 190 of the Aboitiz Group’s top leaders for what AEV President & CEO Erramon Aboitiz described as an opportunity “to refresh ourselves about what is asked of us and how an Aboitiz leader is expected to lead.”