D&L Industries, Inc. (DLNDY) Q4 2025 Earnings Call Transcript

SA Transcripts159.11K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call D&L Industries, Inc. (DLNDY) Q4 2025 Earnings Call March 24, 2026 8:01 PM EDT Company Participants Crissa Marie Bondad - Investor Relations ManagerAlvin Lao - CEO, President & Executive Director Presentation Crissa Marie BondadInvestor Relations Manager Hi, everyone. Good morning. Welcome to the full year results briefing of D&L Industries. To discuss the results, here with us today is Mr. Alvin Lao, President and CEO. I now turn over the floor to Alvin. Alvin LaoCEO, President & Executive Director Hi, everyone. Good morning. Thank you for joining us today for the discussion on the full year results of D&L Industries. So the highlights, we did better than we expected. 2025 was not an easy year. So we managed to have net income increase by 10.6% versus the previous year. And very encouraging is, as you see there compared to fourth quarter of the previous year, net income was actually up by 20%. Second bullet point, we did see good growth in volume across almost all segments, and we'll go into more details later. Despite the big surge in coconut oil prices. So we did see margins also starting to improve. Gross margins in the fourth quarter doing better versus the previous quarter. We also saw our CapEx continuing to trend lower. Even though coconut oil prices peaked last year, they have started to ease, and it does give us a lot of room to -- with lower working capital to be able to allow us to be able to reduce debt going forward. So bullet point number 5, of course, we are faced with a lot of things going on outside the country, which is affecting everyone. But we are continuing to look for these silver linings as we always do. And essentially, hopefully, these are opportunities for us, to continue to present ourselves as a