FM Global Logistics anticipates delayed earnings recovery due to ...
FM Global Logistics Bhd expects a delay in earnings recovery for the first half of its 2024 financial year due to a slowdown in trade activity. RHB Research's economics unit predicts that Malaysia's trade performance will take longer to recover, potentially affecting FM Global Logistics' earnings. However, the recovery is projected to align with an upswing in global trade supported by the US and ASEAN economies. RHB Research has revised down its earnings estimates for FM Global Logistics and lowered its target price, but maintains a 'Buy' call on the company's shares.
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Frequently Asked Questions
Q: What is the reason for the delayed earnings recovery for FM Global Logistics?
A: FM Global Logistics anticipates delayed earnings recovery due to sluggish trade. The delay in the recovery of trade activity is expected to weigh on FM Global Logistics Bhd's earnings in the first half of its financial year.
Q: How is FM Global Logistics affected by sluggish trade?
A: FM Global Logistics is bracing for a delay in the recovery of its earnings in the first half of its financial year due to sluggish trade.
Q: Are there any lawsuits targeting FM Global Logistics?
A: There is no information in the provided search results about any lawsuits targeting FM Global Logistics.
Q: What is FM Global Logistics' supply chain solution?
A: FM Global provides a supply chain risk management solution that helps companies deal with delays in production and distribution, reduced revenue, and decreased market share.
Q: How does the delayed recovery of regions after a financial crisis impact FM Global Logistics?
A: While there is no direct information about the impact on FM Global Logistics in the search results, previous OECD work shows that the recovery of regions after a financial crisis can take years. Therefore, it may indirectly affect FM Global Logistics depending on the specific financial crisis and its impact on trade and logistics.