FY21 has got off to a perfect start, led by strong growth in the US lighters market. Amidst weak market trends, shavers also reported decent numbers, thanks to value-added products and e-commerce. Nonetheless, within stationery, trading conditions worsened in developing countries, though solid demand for digital writing instruments provided some respite. FY21 sales are now expected to be at the higher end of the +5-7% range, though a volatile business environment refrained management from taking ....
28 Apr 2021
Solid sales rebound in Q1 21
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Solid sales rebound in Q1 21
- Published:
28 Apr 2021 -
Author:
Sumit Sayal -
Pages:
3
FY21 has got off to a perfect start, led by strong growth in the US lighters market. Amidst weak market trends, shavers also reported decent numbers, thanks to value-added products and e-commerce. Nonetheless, within stationery, trading conditions worsened in developing countries, though solid demand for digital writing instruments provided some respite. FY21 sales are now expected to be at the higher end of the +5-7% range, though a volatile business environment refrained management from taking ....