F&B counters still whet investor appetite amid privatisation deals
The thirst for yield has drawn interest from private equity, which can provide a further boost to growth
SINGAPORE-LISTED food and beverage (F&B) players remain largely attractive, analysts say, amid a rash of privatisation offers in the sector.
The thirst for yield has also drawn private equity interest to certain businesses, which could provide a further boost to their growth prospects.
RHB Singapore senior research analyst Alfie Yeo noted that as a whole, core earnings of Singapore’s consumer sector is expected to have a compound annual growth rate of 7 per cent from FY2023 to FY2026, driven by revenue and margin expansion.
