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F99 — Fraser and Neave News Story

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Consumer DefensivesConservativeMid CapTurnaround

Brief: Fraser and Neave Ltd issues outlook

Nov 7 (Reuters) - Fraser And Neave Ltd  FRNM.SI :  
    * "Group expects consumer demand in food & beverage segment 
in Singapore, Malaysia and Thailand to remain subdued" 
    * Printing continued to face challenges due to lower print 
volumes in Singapore and Malaysia 
    * "There will also be some cost pressure as we expect sugar 
and milk prices to be on uptrend" 
    * Operating environment for printing & publishing segment is 
expected to remain challenging 
 
Source text for Eikon:  ID:nSN9LMqdb  
Further company coverage:  FRNM.SI  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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