- 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.