Wilmar International - UOB Kay Hian 2025-02-24: Anticipating A Better Year From China; Upgrade To BUY

• 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 an excerpt from a report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full PDF report @ https://www.utrade.com.sg/.

Read also UOB's most recent report:
2026-04-30 Wilmar International 1Q26 - Strong Volume Growth Marred By Hedging Losses.

Previous report by UOB:
2025-10-31 Wilmar 3Q25 Results Review - Operating Performance Sustains Positive Momentum.

Price targets by 4 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