According to CGS-CIMB Research, the F&N group is expected to post stronger results from the second quarter of financial year 2022 (Q2 FY22) onwards, thanks to the recovery in hotel, restaurant and cafe (Horeca) sales, price hikes and higher economies of scale.
PETALING JAYA: Fraser & Neave Holdings Bhd
’s (F&N) growth prospects will continue to ride on its cost efficiency and price hikes, say analysts.
According to CGS-CIMB Research, the F&N group is expected to post stronger results from the second quarter of financial year 2022 (Q2 FY22) onwards, thanks to the recovery in hotel, restaurant and cafe (Horeca) sales, price hikes and higher economies of scale.
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