In today’s briefing:
- PT Avia Avian (AVIA IJ) – An Attractive Tint to 2024 Prospects
PT Avia Avian (AVIA IJ) – An Attractive Tint to 2024 Prospects
- PT Avia Avian (AVIA IJ) saw a pronounced pick up in sales in 4Q2023 and the ongoing benefit of lower raw material prices boosted margins to 5-year highs.
- The company expanded its distribution in 2023 and will continue in 2024, which coupled with new product launches, especially of economic products, should help to drive higher growth in 2024.
- PT Avia Avian continues to drive its express service, which also helps to push new product growth. Its market leadership and track record justify valuations with further support from dividends.
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