Higher OOH beverage consumption a boon for F&N

TheStar Thu, Apr 18, 2024 12:00am - 1 month View Original

MIDF Research is positive about the group’s financial year 2024 prospects.

PETALING JAYA: Fraser & Neave Holdings Bhd (F&N) stands to be the key beneficiary of higher out-of-home (OOH) beverage consumption amid the current heatwave across South-East Asia, says MIDF Research.

This is due to the group’s strong market leadership among the food & beverage (F&B) players in the region, it said in a report.

Based on the Retail Index Service, F&N holds the top position in ready-to-drink tea, carbonated soft drinks, evaporated milk and sweetened condensed milk in Malaysia.


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