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Delfi reports lower EBITDA of US$16.8 mil for 1QFY2026; net sales up 6.2% y-o-y to US$159.1 mil in the quarter

Teo Zheng Long
Teo Zheng Long • 2 min read
Delfi reports lower EBITDA of US$16.8 mil for 1QFY2026; net sales up 6.2% y-o-y to US$159.1 mil in the quarter
Delfi manufactures chocolates for other brands but increasingly for its own brands / Photo: Albert Chua of The Edge Singapore
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Delfi Limited (SGX:P34) has reported an EBITDA of US$16.8 million ($21.6 million) for 1QFY2026 ended March 31, which is a decline of 0.8% y-o-y due to lower gross profit margin and slightly higher operating costs.

The group’s net sales for 1QFY2026 increased 6.2% y-o-y to US$159.1 million, mainly driven by its own brands business despite ongoing macroeconomic pressures from the Middle East conflict.

Net sales from its Own brands business rose 19.6% y-o-y led by the strong performance in Indonesia. However, overall net sales were partially impacted by a lower revenue contribution in agency brands sales due to the termination of an agency account.

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