Daily BriefsIndonesia

Daily Brief Indonesia: Cisarua Mountain Dairy and more

In today’s briefing:

  • Cisarua Mountain Dairy (CMRY IJ) – Assuringly Diverse Protein Provider


Cisarua Mountain Dairy (CMRY IJ) – Assuringly Diverse Protein Provider

By Angus Mackintosh

  • Cisarua Mountain Dairy (CMRY IJ) booked a strong start to the year, with sales growing +12% YoY, but dairy was down while premium foods drove higher revenues.  
  • The company continues to drive growth through general trade and Miss Cimory, with plans to continue increasing its reach through more affordable products in both dairy and premium consumer foods.
  • Cisarua Mountain Dairy‘s strategy to shift the emphasis toward home consumption for consumer foods and an increasing emphasis on affordable products will help to underpin long-term sustainable growth. Valuations attractive. 

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