2024-25e EBIT forecasts lowered by 7-8%. We think '24 will be an investment year where the cost base is reset. TP 1000 (941) , we maintain HOLD.
07 Feb 2024
Resetting the cost base in 2024
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Resetting the cost base in 2024
Carlsberg (CARL-B:CPH), 0 | Carlsberg AS Class B (CARL.B:CSE), 0 | Carlsberg Brewery Malaysia Bhd. (2836:KLS), 0
- Published:
07 Feb 2024 -
Author:
Peter Sehested | ABGSC Food & Beverage Research -
Pages:
11 -
2024-25e EBIT forecasts lowered by 7-8%. We think '24 will be an investment year where the cost base is reset. TP 1000 (941) , we maintain HOLD.