JAKARTA – PT Mayora Indah Tbk (MYOR) is predicted to experience growth in 2025, supported by higher sales volumes and lower input costs compared to 2024.

Natalia Susanto, an analyst at PT BRI Danareksa Sekuritas (BRIDS), conveyed that MYOR’s management remains optimistic about the company’s performance in the first quarter and throughout 2025.

"Sales growth in January and February 2025 aligns with the full-year 2025 guidance, which projects double-digit growth," she stated in the Equity Research Company report, Monday (10/3).

On the other hand, raw material costs will be a crucial factor in determining profit this year. As a result, MYOR is aiming for a gross margin of around 23%-25% in 2025.

The BRIDS analyst also reported an estimated profit growth for MYOR of more than 10% by the end of the year.

In 2024, the company recorded a 14.57% year-on-year (yoy) increase in revenue to IDR 36.07 trillion, up from IDR 31.48 trillion in 2023, while profits dropped by 6.04% yoy to IDR 3 trillion from IDR 3.19 trillion.

During the early trading session on Monday (10/3), MYOR stock corrected by 2.16%, or IDR 50, to IDR 2,260 per share. The stock opened at IDR 2,310, with a high and low of IDR 2,330 and IDR 2,230 per share, respectively. (LK/ZH)