- Delfi (SGX:P34)'s FY23 revenue rose 12.7% y-o-y to US$538.2mln, benefiting from strong demand in both Own Brands and Agency Brands, and across Indonesia and Regional Markets. The sales are record numbers in Delfi’s history, post-divestment of its cocoa-processing business in 2013.
Strong performance across all segments.
- - Read this at SGinvestors.io -
- - Read this at SGinvestors.io -
Partnering with major global brands
- Driven by strong GDP growth in Delfi’s key markets of Indonesia and Philippines, willingness to indulge in premium treats will have a positive long-term impact on the consumption of chocolate confectioneries.
- To increase interest among customers, Delfi continues to partner with major global brand companies by co-branding suitable products.
- Read more at SGinvestors.io.
Chan En Jie Lim & Tan Securities Research | https://www.limtan.com.sg/ 2024-04-17
Price targets by 3 other brokers at Delfi Target Prices.
Listing of research reports at Delfi Analyst Reports.
Relevant links:
Delfi Share Price History,
Delfi Announcements,
Delfi Dividends & Corporate Actions,
Delfi News Articles
