Not only does this move align with the company's premiumisation and growth strategy, notes Morgans, but it also strengthens a key gap in the Treasury Americas portfolio. The transaction is expected to be EPS accretive from FY25, with cost synergies of
The broker increases its FY24-26 profit forecasts by 5.8%, 16.8% and 19.1%, respectively, and raises its target to
Sector: Food, Beverage & Tobacco.
Target price is
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