Wilcon seen posting double-digit growth

By Brix Lelis

Apr 03, 2024 12:31 am

DOUBLE-DIGIT earnings growth is 'achievable' for Wilcon Depot Inc. this year and next, driven by high-single to low-teen improvement in sales, Maybank Investment Banking Group said Tuesday.

In a report, Maybank said that Wilcon could book 11-percent growth in net income this year and 16.5 percent in 2025 on the back of a projected topline increase of 9 percent and 13 percent, respectively.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

DoubleDragon ends year-end offering early

MGen unit, China firm sign solar project deal

Vivant unit awarded Palawan supply deal

Deloitte sees more IPOs next year

Fruitas buys roast chicken chain

DITO follow-on offer priced at P1.05/share

Alsons 9-month net grows to P1.9 billion