MANILA -- Ayala Corporation is targeting to build on what it describes as its strongest year ever this 2025. This, as the conglomerate eyes to expand all its younger and emerging business units, on top of retaining the dominance of its bigger units.

Ayala Corp. Chairman Jaime Augusto Zobel de Ayala said they want to continue creating a cohesive Ayala Group that is more focused and collaborative. In 2024, the company hit record core earnings of P45 billion. 

The conglomerate's main businesses are all doing well--like Ayala Land, BPI, and Globe, and now they want to further beef up their newer businesses, Zobel said.

“We want to ensure that our emerging business units have a credible path to scale and the ability to achieve good valuation level. Currently we’re focused on helping our emerging business achieve profitability and scale,” Zobel said.

Ayala’s mobility unit ACMobility is expected to grow in the coming years as demand for electric vehicles is also seen to rise. It is the distributor of several car brands like Kia, Volkswagen, and one of its newest additions is EV player BYD.

“We breached the 1 percent penetration level specifically for BYD in terms of total market share,” said Jaime Alfonso Zobel de Ayala, CEO of ACMobility.

Ayala’s healthcare unit AC Health is also expanding as it eyes becoming a $2 billion company by 2035. It hopes to have 10 hospitals, 300 clinics, and 1,150 pharmacies in the next 10 years.

“Our long term ambition is clear- to serve 1 in every 5 Filipinos by 2030,” said AC Health CEO Paolo Borromeo.

Ayala is also considering expanding its entry in the retail sector. Last year, it formed a joint venture with Australian home and lifestyle brand Anko. They expect to open about 5 branches by the end of the year. This is their foray into the retail sector with direct access to consumers.

Ayala President and CEO Cezar Consing said the consumer segment was the largest industry in the country that Ayala did not directly participate in prior to the Anko partnership. This segment is also highly complementary to their current portfolio, like Ayala Malls and GCash.

The company said they may enter partnerships with various foreign companies that can offer something different to the Philippine market. For many years, they have always been a landlord, but they are now open to having a stake in some of the shops that may come in the future.

Ayala has set a P230 billion capital expenditure this year, which includes support for businesses that have the potential to scale.