- Wilmar (SGX:F34)’s 4Q25 results are within expectations. Investors are focusing more on its earnings recovery now, and valuations may have bottomed out.
- For FY26, we expect earnings growth at the consumer unit to be offset somewhat by lower crushing margins.
4Q25 core profit dropped 6% q-o-q.
- - Read this at SGinvestors.io -
- Wilmar declared a final dividend of 10 cents, bringing FY25 Wilmar's dividends to 14 cents, or a core net payout of 70% and yield of 4%.
Food products sales volume dipped 0.8% q-o-q.
- - Read this at SGinvestors.io -
- Wilmar expects sales volumes to grow by a single digit in FY26F, although the demand for flour and rice could be higher.
Sales volumes for the feed and industrial divisions fell 7.2% q-o-q.
- Read more at SGinvestors.io.
