C07214-2024

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Nov 12, 2024
2. SEC Identification Number
9170
3. BIR Tax Identification No.
000-400-016-000
4. Exact name of issuer as specified in its charter
UNIVERSAL ROBINA CORPORATION
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
8th Floor, Tera Tower, Bridgetowne, E. Rodriguez, Jr. Avenue (C5Road), Ugong Norte, Quezon City, Metro Manila Postal Code 1110
8. Issuer's telephone number, including area code
(632) 8633-7631 to 40
9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common 2,158,031,938
11. Indicate the item numbers reported herein
9

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Universal Robina CorporationURC

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Press release entitled "URC SUSTAINS STRONG DOUBLE-DIGIT PROFIT GROWTH OF ITS BRANDED BUSINESS"

Background/Description of the Disclosure

Universal Robina Corporation (URC) reported sales of Php118.9 billion for the nine months ending September 30, 2024, up 1% vs. the same period last year, with volume-led growth tempered by product mix and forex.

Total operating income was at Php12.3 billion, behind by 3% vs. the same period last year. The company reported lower profits in its Sugar and Renewables business as sugar prices continued easing in 2024 against last year’s record highs. Net of its commodities businesses, URC sustained its double-digit growth trajectory, recording an increase in operating income of 22% vs. last year, as easing commodity costs and optimization initiatives supported the company’s margin expansion. Net income from continuing operations was reported at Php9.2 billion, down 11% against last year, as the company recorded lower forex gains in the period. Core net income for the period was down 5%, driven by higher tax provisions and finance costs.

Other Relevant Information

Please refer to attached press release.

This press release may contain forward looking statements with respect to the results of operations and business of URC. Such forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual performance of URC to be different from any future performance implied.

Filed on behalf by:
Name Maria Celia Fernandez-Estavillo
Designation Corporate Secretary