Wed, Dec 16, 2020
Gross margin to be stressed as copra prices have risen 11-13% YTD while those of other edible oils are up by over 20%; Lower promotional spends and cost savings would ease pressure on profitability. Scaling up of foods and male grooming product segments, expansion of product portfolio, improving penetration of existing products and wider offerings in Bangladesh and South East Asia remain key focus to improve growth in the medium term.
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Tue, Feb 07, 2017
Health and beauty consumer goods company, Marico in its conference call post the announcement of its third quarter (Q3) results said that it was anticipating inflationary pressures in the prices of dried kernels.
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