25/05/2026
Look out for a more accessible, more relatable ANSA Mc Al.
The board of directors announced plans to have better engagement with its shareholders and the wider public at the group’s shareholder meeting held at the Hyatt Regency in Port of Spain on May 23.
When shareholders asked about the results of a survey done among them last year, chief legal and external affairs officer Frances Bain-Cumberbatch said the group earned high marks in governance and management but seemed disconnected from its shareholders.
“The group was very favourably perceived as being financially strong, reliable and stable as well as socially responsible. Without a doubt, strong governance and transparency – those were clear themes that came out.
“Where there were areas for improvement – most people perceived that there was a little bit of a lack of connectivity in terms of relatability in terms of understanding and presence in communities, that was one area. There was a sense of distance from the general public, but other than that we felt that we were in a positive position. We were perceived as a financially strong, very responsible organisation.”
Bain-Cumberbatch said the group is actively making efforts to improve stakeholder engagement and community outreach.
“(We are) informing all our stakeholders about what we do and why we do what we do – not just in communities but also advising in terms of our initiatives, business or otherwise, that are important and that impacts them.”
She said the group is engaging in more shareholder meetings with larger shareholders and ramping up its community engagement through the ANSA Mc Al Foundation.
The initiative came amid a report of strong performance and growth for the company.
Financially the group saw a nine per cent increase in revenue, a 21 per cent increase in EBITDA (earnings before interest, taxation, depreciation and amoritisation) and a ten per cent increase in profit before tax, as was revealed in its report for the first quarter of the year ending on March 30.
CEO Anthony Sabga III said the group’s three pillars – beverage, banking and bleach have seen growth through many different initiatives.
One of the highlights of the growth was a reported increase in its chlor-alkali bleach plant, bought from US company Bleachtech for more than US$300 million in 2024, was now at 95 per cent capacity. When it was bought it was only operating at 50 per cent.
Sabga also reported to shareholders that it had successfully exited the retail market with its sale of its retail segments such as standards.
The increases in profitability came amid a three-year hiatus from paying dividends to shareholders, which the group promised would be resumed in 2027.