The Agos­ti­ni Group has re­port­ed a prof­it af­ter tax for the nine-month pe­ri­od end­ed June 30, 2025 of $244.8 mil­lion, which is an in­crease of 3.4 per cent com­pared to the last year’s prof­it af­ter tax for the same pe­ri­od of $236.6m.

Agos­ti­ni’s rev­enue for the nine-month pe­ri­od was $4.12 bil­lion, a 7.6 per cent in­crease com­pared to the same pe­ri­od in 2024. The group’s prof­it at­trib­ut­able to share­hold­ers and earn­ings per share in­creas­ing by 4.8 per cent from $172 mil­lion to $180 mil­lion, and $2.49 to $2.61 re­spec­tive­ly

In his chair­man’s re­marks, Chris­t­ian Mout­tet said, “Both our phar­ma­ceu­ti­cal dis­tri­b­u­tion busi­ness, Aven­ta, and con­sumer prod­ucts busi­ness, Aca­do, per­formed con­sis­tent­ly dur­ing this pe­ri­od. The en­er­gy and in­dus­tri­al seg­ment de­liv­ered good re­sults, through an im­proved per­for­mance of our in­dus­tri­al busi­ness and a gain from the sale of land with­in our Guyana op­er­a­tions.”

Of its three busi­ness­es, Agos­ti­ni’s con­sumer prod­ucts di­vi­sion pro­vid­ed the most rev­enue and prof­it be­fore tax for the first nine months of its 2025 fi­nan­cial year. Con­sumer prod­ucts gen­er­at­ed $2.32 bil­lion in rev­enue, which was 56.4 per cent of to­tal rev­enue for the pe­ri­od. The busi­ness earned $71.56 mil­lion in prof­it be­fore tax for the pe­ri­od Oc­to­ber 1, 2024, to June 30, 2025, which was 50.4 per cent of to­tal prof­it be­fore tax.

The Agos­ti­ni chair­man pro­vid­ed up­dates on the com­pa­ny’s on­go­ing ac­quis­tions in­clud­ing the plan to pur­chase Pres­tige Hold­ings Ltd (PHL) via a share swap deal.

With re­gard to the PHL deal, Mout­tet said, “In June, Agos­ti­ni Ltd made an of­fer to ac­quire Pres­tige Hold­ings Lim­it­ed (PHL), a lead­ing restau­rant man­age­ment com­pa­ny in Trinidad and To­ba­go. This pro­posed trans­ac­tion pro­vides op­por­tu­ni­ties for ac­cel­er­at­ed growth lo­cal­ly and re­gion­al­ly, while build­ing a more di­ver­si­fied and re­silient com­pa­ny. The bid has been ex­tend­ed to:

(1) al­low fur­ther time for share­hold­ers of PHL to ac­cept the of­fer in or­der to achieve our tar­get of 96.9 per cent ac­cep­tance (cur­rent­ly, 96.2 per cent of the to­tal shares have been sub­mit­ted); and

(2) re­ceive the re­quired Trinidad and To­ba­go Fair Trade Com­mis­sion ap­proval of this trans­ac­tion.”

The new board of the Fair Trade Com­mis­sion is still to be ap­point­ed by the re­cent­ly elect­ed gov­ern­ment of T&T.

The Fair Trade Com­mis­sion was es­tab­lished in 2006 fol­low­ing the im­ple­men­ta­tion of the Fair-Trad­ing Act 2006. It is the statu­to­ry body in place to en­sure that all le­git­i­mate busi­ness en­ter­pris­es have an equal op­por­tu­ni­ty to par­tic­i­pate in the econ­o­my as well as pre­vent an­ti-com­pet­i­tive con­duct amongst busi­ness­es.

Mout­tet al­so not­ed the Agos­ti­ni Group reached a sig­nif­i­cant mile­stone in Ju­ly as its cel­e­brat­ed its 100th An­niver­sary.

He al­so not­ed the group’s pre­vi­ous­ly men­tioned ac­qui­si­tion of Massy Dis­tri­b­u­tion (Ja­maica) is still in progress, as it re­mains sub­ject to reg­u­la­to­ry ap­proval.

“We are en­gag­ing close­ly with the Fair Trad­ing Com­mis­sion in Ja­maica and are work­ing to­wards a mu­tu­al­ly sat­is­fac­to­ry con­clu­sion,” said Mout­tet.