ANSA McAL Group has reported continued revenue growth for the first nine months of 2026, with earnings boosted by strategic asset sales even as the conglomerate faced higher energy costs, foreign exchange constraints and temporary production disruptions across parts of its operations.
In its unaudited results for the period ended September 30, 2026, the group reported revenue of TT$5.777 billion, up two per cent compared to the corresponding period in 2025. The group’s after-tax profit for the period January 1 to September 30, 2026, amounted to $413.87 million, a 4.4 per cent increase over the same period in 2025.
Despite the improved bottom line, Adjusted EBITDA from continuing operations declined by two per cent to $1.11 billion from $1.14 billion in 2025.
“The group’s earnings benefited from non-recurring gains from the sale of a property in the United States and the partial disposal of the group’s investment in Roberts Manufacturing in Barbados.
“These gains were partially offset by one-off write-offs of capitalised expenses related to refinancing activities,” the company also noted.
ANSA McAL said operations in T&T continued to face challenges from elevated natural gas prices and ongoing foreign exchange constraints.
The company also noted that planned reinvestment initiatives temporarily affected output in the group’s packaging and chemicals segments, but were necessary to support future growth.
“Planned reinvestment in the group’s plants temporarily reduced output in our packaging and chemicals operations.
The Carib Glassworks furnace rebuild, now complete ahead of schedule and on budget, has restored critical production capacity and created headroom for future growth. The planned repairs and maintenance at Bleachtech in the United States have significantly strengthened the company’s ability to support customers’ ongoing requirements,” executive chairman of ANSA McAL Norman Sabga said in his statement.
The conglomerate also undertook refinancing activities during the period, extending its principal T&T dollar and US dollar term facilities to ten years on an unsecured basis.
The move contributed to improved financial flexibility and helped reduce the group’s gearing ratio to 20.3 per cent from 23.9 per cent at the end of December 2025. The company said it remained fully compliant with all debt covenants.
Guyana remained a major driver of growth, with group revenue in that market increasing by 22.9 per cent during the reporting period.
Sabga said the company remained focused on strengthening its core businesses, pursuing selective expansion opportunities and driving innovation across its operations.
“We look ahead with confidence as we pursue our ambition to grow ANSA McAL’s scale, reach and impact,” he said, adding that disciplined execution and strategic investment would support sustained growth and long-term shareholder value.
