- We believe the market has already priced in weakness from 2024. Upgrade Wilmar to BUY with a higher target price of S$3.45.
- - Read this at SGinvestors.io -
Management's guidance largely in line with our expectations.
- Management of Wilmar anticipates continued market share gains in the food products segment as they capitalise on their reputation for producing high-quality and healthy food.
- - Read this at SGinvestors.io -
- We forecast Wilmar's 2025 core net profit to increase by 30% y-o-y.
Upgrade to BUY on reversal in segmental contributions.
- Read more at SGinvestors.io.
Above is the excerpt from report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full report in PDF @ https://www.utrade.com.sg/.
Heidi Mo UOB Kay Hian Research | Llelleythan Tan Yi Rong UOB Kay Hian Research | https://research.uobkayhian.com/ 2025-02-24
Previous report by UOB:
2025-02-07 Wilmar International 4Q24 Results Preview - Set To Recover Q-o-q, But China Operations Remain Lacklustre.
Price targets by 2 other brokers at Wilmar Target Prices.
Listing of research reports at Wilmar Analyst Reports.
Relevant links:
Wilmar Share Price History,
Wilmar Announcements,
Wilmar Dividend Payout Dates & Corporate Actions,
Wilmar News
