Fraser and Neave sees recovery, to boost market share: CIMB Research

KUALA LUMPUR: Fraser and Neave Holdings (F&N) is not concerned about the weak soft drink sales in its second quarter ended March 31, 2015 as it sees signs of recovery in 3QFY15, says CIMB Equities Research.

“It will continue to defend and increase its market share by enhancing its distribution network and product mix, as well as introducing more new products that will also help to buffer the impact of losing the Red Bull distributorship,” said the research house on Thursday.