Indofood CBP (ICBP IJ): Eyes resilience in 2025
Indofood CBP (ICBP IJ)
BUY / TP: IDR:14,000 (+23.6%)
Analyst: Laras Nadira
Eyes resilience in 2025
• Strong resilience in core business
• Pushback from cost structure
• Pressure may occur in Dairy division
• Re-iterate BUY with unchanged TP
