Suntory Beverage & Food Limited Provides Earnings Guidance for the Year 2020
February 13, 2020 at 10:25 am EST
Suntory Beverage & Food Limited provided earnings guidance for the year 2020. The forecast for organic operating income is JPY 120 billion, up 1.9% on a currency-neutral basis. On a reported basis, including the currency impact, company is expecting 2.5% operating income growth. Operating income growth, including extraordinary factors such as M&A, is forecasted to be JPY 117 billion, up 2% on a currency-neutral basis and up 2.7% on a reported basis, including the currency impact. Net income attributable to owners of the company is forecasted to be JPY 70 billion, up 0.8% on a currency-neutral basis and up 1.6% on a reported basis, including the currency impact.