Singapore's Fraser and Neave 9M revenue falls

Fraser and Neave

07/08/2026 10:29

Overview
Singapore beverage and dairy firm's 9M revenue fell 6% amid forex and market headwinds
Profit after tax for 9M rose 4.5%, with EPS up 11.1%
Soft Drinks grew, but Beer and Dairies Thailand saw forex and geopolitical pressures

Outlook
Company did not provide specific guidance or outlook for future quarters or full yr in press release

Result Drivers
FOREX AND MARKET HEADWINDS - Co said revenue decline was mainly due to forex and external market pressures
SEGMENT PERFORMANCE - Soft Drinks grew, Dairies Malaysia showed topline resilience, but Beer and Dairies Thailand were offset by forex-driven declines and geopolitical disruptions

Company press release: ID:nSN1NnQt1

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
9M Revenue
 
S$1.66 bln
 
9M Profit after tax
 
S$177.1 mln
 
9M Gross Profit
 
S$551.20 mln
 

Analyst Coverage
The one available analyst rating on the shares is "hold"
The average consensus recommendation for the food processing peer group is "buy."
Wall Street's median 12-month price target for Fraser and Neave Ltd is S$1.91, about 32.6% above its August 6 closing price of S$1.44

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)