Samlip presents mid-to-long-term vision and restructuring roadmap at IR event
Targets 2 trillion won in sales, 170 billion won operating profit and 8% margin by 2030
Co-CEO Jung In-ho pledges to raise corporate and shareholder value
Samlip Co-CEO Jung In-ho said the next 18 months will be a critical turning point for the company as it moves to improve profitability and lay the groundwork for sustainable growth.
Speaking at an IR event on Tuesday, Jung said the company would "build a sustainable growth framework through global business expansion and structural innovation, while raising both corporate and shareholder value." Jung, who took office last April, used the event to unveil a mid-to-long-term vision and a restructuring roadmap aimed at enhancing corporate value.
Samlip plans to leverage its dominant position in the domestic baking market to accelerate its global push, targeting tangible results in profitability improvement and portfolio restructuring over the next 18 months. The company set medium-to-long-term targets of 2.11 trillion won ($1.55 billion) in standalone sales, 170 billion won in operating profit and an operating profit margin of 8 percent by 2030. To reach those goals, it will develop global expansion, D-commerce, frozen dough and product innovation as its core growth pillars, while stepping up investment in research and development and marketing.
On the global front, the company aims to grow its overseas sales from the current 75 billion won to 500 billion won by 2030. The core strategy is a "global scale model" that replicates the success achieved in the United States across other regions and channels. Sales tied to Costco in the US are targeted to grow fivefold, from 30 billion won in 2026 to 150 billion won by 2030. The number of Costco locations carrying its products is set to expand from 300 to more than 900 worldwide, and the product lineup will grow from two items to six.
In its food business, Samlip will restructure its portfolio around profitability. It aims to consolidate its No. 1 position in the high-growth sandwich and salad segments, while aggressively targeting markets for low-sugar and wellness sauces through B2B supply channels, as well as K-sauce and ready meal categories. The meat processing division is expected to improve its profit and loss by about 2.5 billion won annually, centered on B2B channels. The company also plans to pursue an additional 14 billion won in profitability gains through the divestiture of non-core businesses.
To enhance shareholder value, Samlip set a medium-to-long-term dividend payout ratio target of 30 percent. It also committed to systematically managing investment return criteria and implementing a consistent, predictable shareholder return policy. The company said it will disclose key performance indicators and financial results on a quarterly basis to strengthen communication with the market.
Samlip also plans to upgrade its safety management framework, with 10 core tasks across four areas — embedding a safety-first culture, proactively improving high-risk equipment, standardizing on-site work procedures, and strengthening management and independent verification — all to be completed this year. The company's cumulative accident rate for January through August stood at 0.48 percent, below the food industry average of 0.99 percent, based on 2025 data from the Korea Occupational Safety and Health Agency.
spa@heraldcorp.com
