IEG Vu is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By


Ice cream sales lift RFM

This article was originally published in Foodnews

PHILIPPINE food group RFM Corporation has posted a 23% increase in sales to PHP3.2 billion (US$66.5 million) for the first five months of this year compared with the same period of 2008. The company's president and chief executive, Joey A Concepcion, attributed the stronger sales to "continuing product innovation, and enhancing the value-for-money proposition of our brands." He highlighted the launch of more Sunkist juice and iced tea flavours as well as growth in the Selecta milk brand. Selecta, RFM's ice cream joint venture with Unilever, has also displayed double-digit growth in the past three years, with successful product launches, and is now the number one ice cream brand in the Philippines.


What to read next




Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts