F&B, grocery players like Sheng Siong, DFI still whet appetite of investors
Delisting of RE&S also signals interest in F&B by private equity
DeeperDive is a beta AI feature. Refer to full articles for the facts.
DESPITE a fiercely competitive environment, Singapore-listed food and beverage (F&B) players are still a draw for investors.
The thirst for yield has also drawn private equity interest to certain businesses in the F&B and grocery sectors.
RHB Singapore senior research analyst Alfie Yeo noted that as a whole, core earnings of Singapore’s consumer sector is expected to have a compound annual growth rate of 7 per cent from FY2023 to FY2026, driven by revenue and margin expansion.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025