Singapore Stock Market News

F & N - Earnings supported by disposal gains

StockFanatic
Publish date: Mon, 09 Nov 2015, 01:02 PM
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• FY15 headline earnings held up by disposal gains

• Dairies was in line, but soft drinks fizzled out on brand investment in new markets and competition

• Sitting on net cash of S$865m; focus is on re-investment

Maintain HOLD, TP revised down to S$2.26
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