Indonesia FMCG - 1Q25F preview: growing despite challenges
SH JW SCWe estimate that the FMCG firms under our...
We estimate that the FMCG firms under our...
Overall, FMCG firms’ 4Q24 earnings were mostly in line with market expectations.
We write this report to respond to investors’ concerns about Chinese FMCG companies competing in Indonesia.
We believe competitive pricing and strong branding remain the best catalysts to succeed in the Indonesia FMCG
We believe Indonesia’s logistics market is a potentially lucrative segment that is still underpenetrated.
Transport Logistics FMCG Jupriadi Tan David Tjahjadi Gerald Hugo
Overall listed FMCG firms’ sales growth hovered at 10.9% y-y in 3Q24 (vs 3.9% in 3Q23),
Despite the anticipated rate cut cycle, we believe Indonesia banks have limited room to lower their cost of fu
Our survey on wholesalers and distributors of 15 large FMCG firms suggests that 3Q24F sales performance remain
We continue to like the six FMCG stocks (out of 12 under our coverage) in the order of
AMRT has consistently outperformed its FMCG peers in terms of sales growth over the past decade
Consumer AMRT JK AMRT IJ Jody Wijaya Sandy Ham Samuel Christian
Indonesia listed FMCG firms have performed quite well relative to other ASEAN peers in terms of sales and earn
The Minister of Health (MoH) plans to implement the Nutri-Grade labelling system for beverages