F&N set for record profits next year, analysts say, as stock price gains
KUALA LUMPUR (Nov 10): Fraser & Neave Holdings Bhd (KL:F&N) is set for record profits next year, analysts said, as shares of the food and beverage company rose on Monday.
The recently-closed financial year met expectations, and the earnings outlook remains resilient with the company projected to make over RM560 million in net profit for the 12 months ending Sept 30, 2026 (FY2026), according to the median forecast of six research houses tracked by Bloomberg.
“We expect F&N to post a mild sales recovery in FY2026, supported by a gradual pick-up in both domestic and export sales,” said CIMB Securities in upgrading the stock to “buy”.
Key revenue drivers include new product launches, and stronger export sales to Cambodia following…
