Massy Group has announced exceptional financial performance for fiscal year 2025, achieving a record-breaking profit after tax of $766.3 million. The Trinidad-based conglomerate demonstrated robust growth with third-party revenue reaching $15.8 billion and net cash value climbing to $1.67 billion, signaling strong financial health across its diversified portfolio.
The 14% year-over-year profit increase from $674 million in 2024 reflects enhanced operational efficiency and strategic portfolio management. According to the December 18 financial disclosure, the company’s success stemmed from significant advancements across multiple sectors including retail, gas production, automotive machinery, and financial services.
Integrated retail emerged as the dominant revenue generator, contributing over $9 billion—a 4% increase from previous periods. The motors and machines division achieved $3.73 billion in revenue despite an 18% decline in pre-tax profits to $186 million. Notably, gas products demonstrated remarkable profitability with an 8% profit surge to $385 million, even as revenue decreased by 6% to $2.03 billion.
Shareholders benefited substantially from the company’s performance, with total dividends per share rising 5% to $17.70. Earnings per share jumped 9% to $36.49, representing a 9.8% earnings yield. The company’s share price appreciated by 5%, delivering investors a total return of 12.18%.
These financial milestones coincide with significant leadership changes as James McLetchie assumed the role of Group President and CEO on October 1, succeeding David Affonso after his three-decade tenure. The organization also welcomed Ivette Zuniga as Chief Financial Officer and Ryan Latchu as CEO of the motors and machines portfolio.
Chairman Robert Riley characterized 2025 as “a year of progress and renewal,” emphasizing the company’s investments in technology, innovation, and talent development. Despite these achievements, the Consumer Affairs Division’s December 18 supermarket price evaluation identified Massy as having some of the highest prices nationally, particularly in meat, fruits, and dry goods categories across over 40 assessed supermarkets.