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Food Empire (SGX:F03) is a leading player in the 3‑in‑1 coffee segment across Russia, Ukraine, Kazakhstan and other CIS markets in Eastern Europe, commanding a dominant market share of over 60%.
- - Read this at SGinvestors.io -
1Q26 revenue rose 17% y-o-y to US$160mil, form 28% of our FY26F estimates, ahead of estimates
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Food Empire reported 1Q26 revenue of US$160mil, up 17% y-o-y, driven by strong performance in Russia and Central Asia. The company delivered broad-based growth across all key geographies, except for South Asia. Notably, revenue from Central Asia recorded the strongest growth of 36% y-o-y to US$31mil, primarily driven by Kazakhstan and Uzbekistan.
- - Read this at SGinvestors.io -
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Food Empire also announced a 1-for-5 bonus share issuance aimed at enhancing liquidity.
Our View
Improved macro environment and stronger currencies in oil economies like Russia and Kazakhstan to support sustained strong volume and price-led 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/.
Zheng Feng CHEE DBS Group Research | https://www.dbs.com/insightsdirect/ 2026-05-14
Read also DBS's most recent report:
2026-06-03 Food Empire - Adjusting For 1-For-5 Bonus Issue.
Price targets by 4 other brokers at Food Empire Target Prices.
Listing of research reports at Food Empire Analyst Reports.
Relevant links:
Food Empire Share Price History,
Food Empire Announcements,
Food Empire Dividend Payout Dates & Corporate Actions,
Food Empire News
