Delfi's Earnings Outlook Seems Brighter on Falling Cocoa Prices -- Market Talk

Dow Jones

7 hours ago

0557 GMT - Delfi's earnings outlook seems brighter on falling cocoa prices, RHB Research's Alfie Yeo says in a research report. Since December 2025, cocoa prices have declined by a further 51%, prompting RHB Research to turn more positive on the chocolate confectionery manufacturer and lift its 2026 and 2027 earnings forecasts by 10% and 5%, respectively. Fundamentally, the Singapore-listed company remains strong, as taking out the drag of currency translation and the loss of an agency account from its 2025 results would have seen the earnings outperform the analyst's forecasts. RHB Research raises the stock's target price to S$1.20 from S$0.94, while maintaining a buy rating. Shares are 3.7% higher at S$0.98. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

February 26, 2026 00:57 ET (05:57 GMT)

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Since December 2025, cocoa prices have declined by a further 51%, prompting RHB Research to turn more positive on the chocolate confectionery manufacturer and lift its 2026 and 2027 earnings forecasts by 10% and 5%, respectively. Fundamentally, the Singapore-listed company remains strong, as taking out the drag of currency translation and the loss of an agency account from its 2025 results would have seen the earnings outperform the analyst's forecasts. RHB Research raises the stock's target price to S$1.20 from S$0.94, while maintaining a buy rating. Shares are 3.7% higher at S$0.98. 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Since December 2025, cocoa prices have declined by a further 51%, prompting RHB Research to turn more positive on the chocolate confectionery manufacturer and lift its 2026 and 2027 earnings forecasts by 10% and 5%, respectively. Fundamentally, the Singapore-listed company remains strong, as taking out the drag of currency translation and the loss of an agency account from its 2025 results would have seen the earnings outperform the analyst's forecasts. RHB Research raises the stock's target price to S$1.20 from S$0.94, while maintaining a buy rating. Shares are 3.7% higher at S$0.98. (ronnie.harui@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 26, 2026 00:57 ET (05:57 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6509","symbol_name":"食品和饮料股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2614096095","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2614096095","pubTimestamp":1772085420,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0557 GMT - Delfi's earnings outlook seems brighter on falling cocoa prices, RHB Research's Alfie Yeo says in a research report. Since December 2025, cocoa prices have declined by a further 51%, prompting RHB Research to turn more positive on the chocolate confectionery manufacturer and lift its 2026 and 2027 earnings forecasts by 10% and 5%, respectively. Fundamentally, the Singapore-listed company remains strong, as taking out the drag of currency translation and the loss of an agency account from its 2025 results would have seen the earnings outperform the analyst's forecasts. RHB Research raises the stock's target price to S$1.20 from S$0.94, while maintaining a buy rating. Shares are 3.7% higher at S$0.98. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6509":"食品和饮料股","P34.SI":"DELFI LIMITED","BK6114":"包装食品与肉类"},"translate_title":"由于可可价格下跌，Delfi的盈利前景似乎更加光明——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"P34.SI":0.9},"content_text":"0557 GMT - Delfi's earnings outlook seems brighter on falling cocoa prices, RHB Research's Alfie Yeo says in a research report. Since December 2025, cocoa prices have declined by a further 51%, prompting RHB Research to turn more positive on the chocolate confectionery manufacturer and lift its 2026 and 2027 earnings forecasts by 10% and 5%, respectively. Fundamentally, the Singapore-listed company remains strong, as taking out the drag of currency translation and the loss of an agency account from its 2025 results would have seen the earnings outperform the analyst's forecasts. RHB Research raises the stock's target price to S$1.20 from S$0.94, while maintaining a buy rating. Shares are 3.7% higher at S$0.98. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 26, 2026 00:57 ET (05:57 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}