Corporate Updates

Ace Hardware Indonesia (ACES IJ): Makes sales growth gain on low base

Ace Hardware Indonesia (ACES IJ)
HOLD-OPF / TP: IDR:1,030 (+9.0%)
Analyst: Laras Nadira

Makes sales growth gain on low base
• Mar sales rose on the low base
• SSSG in 3M24 beat guidance
• Two stores launched to welcome Ramadan festivities
• Re-iterate HOLD-OPF with unchanged TP

Corporate Updates

Ace Hardware Indonesia (ACES IJ): Makes sales growth gain on low base

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