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An announcement from Suntory Beverage & Food ( (JP:2587) ) is now available.
Suntory Holdings Limited reported a revenue increase of 4% for the fiscal year ending December 31, 2024, with revenues reaching ¥3,417,949 million including liquor tax. The company’s profit attributable to owners was ¥176,158 million, marking a growth of 2% from the previous year. Despite a decrease in cash and cash equivalents to ¥254,772 million, the company has shown resilience with a slight increase in adjusted operating income. However, the forecast for 2025 shows a decrease in operating income and profit before taxes, indicating potential challenges ahead.
More about Suntory Beverage & Food
Suntory Holdings Limited is a prominent player in the beverage and food industry, known for producing and distributing a wide range of products, including alcoholic and non-alcoholic beverages. The company focuses on expanding its market presence and enhancing its product offerings to meet diverse consumer needs.
YTD Price Performance: 0.37%
Average Trading Volume: 466
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $9.22B
See more data about 2587 stock on TipRanks’ Stock Analysis page.
