Frencken - DBS Research 2025-07-24: Semiconductor Leads, Others In Recovery Mode

• Poised to ride the tech rebound, supported by strong financials and a diversified portfolio.
• Strategic investments and global capacity expansion are driving growth and aiding key customers transitions.

Semiconductor the core growth engine.

• The semiconductor segment, which accounted for 49% of Frencken's total revenue as at 1Q25, is the primary engine of growth.
• - Read this at SGinvestors.io -
• Frencken is a second order AI beneficiary, via its semiconductor customers.

Well positioned to capitalise on technology sector recovery, supported by sound balance sheet and diversified portfolio.

• - Read this at SGinvestors.io -

Strategic investments and capacity expansion to support growth.

• Read more at SGinvestors.io.

Above is an excerpt from a report by DBS Group Research.
Clients of DBS may access the full PDF report @ https://www.dbs.com/insightsdirect/.

Previous report by DBS:
2025-02-28 Frencken - Semiconductor Takes The Lead In 1H25.

Price targets by 4 other brokers at Frencken Target Prices.

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