Corporate Updates

Indofood CBP (ICBP IJ): Signals a soft growth for the year

Indofood CBP (ICBP IJ)
BUY / TP: IDR:13,000 (+13.5%)
Analyst: Laras Nadira

Signals a soft growth for the year
• Sales were in line, despite 2Q flat growth
• Earnings exceeded expectations
• To deliver soft growth for 2023
• Re-iterate BUY

Corporate Updates

Indofood CBP (ICBP IJ): Signals a soft growth for the year

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