Wednesday, 3 August 2016

Etika’s sweet outlook

The rebranded Etika Group of Companies is expected to achieve 30% to 40% growth over the next five years, driven by strong consumer needs and demands across all twelve categories of beverages.

As of 2015, the group registered total sales in Malaysia amounting to RM1.5bil.

The rebranding follows as both Permanis Sandilands Sdn Bhd and Etika International Holdings complete their consolidation, which is estimated to be valued at RM2bil.

Permanis Sandilands and Etika International Holdings were acquired by Asahi Japan in 2011 and 2014 respectively.

“Realistically, I think a double digit growth is where we would envision to be, over three to five years from now.

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