Pan Jamaica Group Limited (PJG) recorded continued revenue growth for the first half of 2026, with revenues increasing 6% to $22.8 billion. The Group also maintained a strong financial position during the period, providing flexibility to continue investing in its businesses and pursuing opportunities for growth.

Earnings before interest and taxes were $3.4 billion and consolidated net profit for the first half was $2.2 billion, lower compared with the same period in 2025. Net profit attributable to shareholders was $1.5 billion.

“We continue to view our core businesses as strong and well positioned over the medium-term,” said Jeffrey Hall, Vice Chairman and Chief Executive Officer of Pan Jamaica Group Limited. “We are responding to the results in the first half by accelerating specific initiatives to adjust our overall portfolio of businesses to restore robust profit growth. We have a strong balance sheet, businesses with leading market positions and a clear pipeline of opportunities to improve performance and continue investing to support growth.”

Recent Activity

The Group continues to pursue initiatives to enhance its financial profile and deliver exceptional products and experiences for its customers.

Following the end of the quarter, PJG completed the acquisition of the site housing Discount Commercial Centre, which will facilitate a planned connection between its Manor Park retail complex and Olivier Road office complex. This will enable Pan Jamaica Property to improve traffic flow and parking for each of these marquee facilities and deliver an enhanced experience for tenants, personnel and patrons alike.  PJG also continued to advance its growth strategy following the end of the quarter with the acquisition of Jamaica Trading Services in Jamaica and West Indies Freight in the United Kingdom. These acquisitions expand the Group’s logistics footprint and strengthen its capacity to offer competitive freight consolidation, forwarding and customs brokerage solutions to consumers and businesses looking to move cargo to and from the Caribbean

While the Group’s JP Farms operation was significantly impacted by Hurricane Melissa, rehabilitation of the banana farm has been completed ahead of schedule and is on track to return to full production in Q3 2026.

PJG’s European juice operation continues to deliver strong results while the markets it serves are supported by robust growth. The Group continues to pursue additional opportunities to bolster its organic growth with targeted strategic acquisitions in select European markets.  

Outlook

Looking ahead, PJG said it will place increased emphasis on businesses that operate at scale, or have the potential to scale, while maintaining a disciplined approach to capital allocation and pursuing strategic growth opportunities.

“We see considerable opportunity across the Group, but we also recognise that restoring stronger profit growth requires focused action,” Hall said. “Our priorities are to improve operational efficiency, allocate capital to the businesses with the strongest prospects for sustained market leadership, and pursue strategic opportunities where we believe we can create long-term value. The steps we are taking across logistics, specialty foods, property and financial services are all directed towards building a stronger and more competitive portfolio.”