Indofood stock posts 12% nine-month sales growth as forex weighs

Published on 11/11/2026 at 01:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Indofood stock reflects stronger operating momentum despite stable attributable profit. Currency losses linked to dollar debt remained a drag on the bottom line.

Indofood earnings show mixed signals

Sales and operating profit increased through September, while reported net income remained broadly stable.
Higher unrealized foreign-exchange losses linked to dollar debt limited the conversion of operating growth into bottom-line gains.
Management said it will focus on sustainable growth, profitability and balance-sheet strength.

Indofood, ID1000057003, Illustration mit AI erstellt.

PT Indofood Sukses Makmur reported stronger operating performance for the nine months ended September 30, 2026, although foreign-exchange losses kept attributable net income broadly stable. Industry.co.id reported the results on November 2, citing company information issued on October 30.

Consolidated net sales reached IDR 101.49 trillion through September, compared with IDR 90.98 trillion a year earlier. Operating profit rose to IDR 20.80 trillion from IDR 18.10 trillion, while the operating margin improved to 20.5% from 19.9%.

Foreign exchange limits profit conversion

Net income attributable to the parent company's owners was broadly stable at IDR 7.87 trillion. Indofood said higher unrealized foreign-exchange losses from financing activities weighed on the result, particularly through US dollar-denominated bonds issued by subsidiary PT Indofood CBP Sukses Makmur as the rupiah weakened.

Core profit, which management uses to reflect operating performance, increased to IDR 9.37 trillion from IDR 8.42 trillion. The result leaves currency movements and foreign-currency financing as key factors for investors assessing whether operating growth will translate into reported earnings.

Indofood stock traded at 0.34 euros on Lang & Schwarz at 22:59 CET on Tuesday, November 10, 2026.

Integrated food operations in Indonesia

Indofood is an Indonesian food and beverage group with a vertically integrated operating model. Its business includes consumer products, flour, agribusiness and distribution activities. The company said it will balance sustainable growth and market-share expansion with profitability and a healthy balance sheet.