Report from dubai
Investors please consider the following info in your growth projections for your valuation for Britannia
I did some groundwork to check the competitive advantage of Britannia biscuits. Found out that it’s poor. The above screenshot as you can see is sold at 60% off because is due for expiry in December. Supermarket manager said Britannia sales not like before. Hard to push of shelves. Local manufactured cheap biscuits from Tiffany(allana group) & mcvitis premium biscuits are moving.
Supermarket is well known in highly populated area.
Disclosure: invested. Offloaded 50% stake in the recent run up post covid