San Miguel F&B unit: H2 to be 'a lot better'

SAN Miguel Food and Beverage Inc. (SMFB) is optimistic that its second-half performance will be "a lot better" due to falling raw material costs, higher sales and increased consumer spending.

At the company's annual stockholders' meeting on Wednesday, San Miguel F&B Director Francisco Alejo 3rd said a steady drop in commodity and raw material prices would have a positive effect.