The leading garments exporter is expected to perform well as textile exports are set to recover after experiencing soft demand for several quarters due to high inventory levels at retailers' end. Following the acquisition of Young Brands, SPAL's addressable market has significantly expanded, positioning the company for accelerated earnings growth in the coming years. Key triggers to watch include the China and Bangladesh +1 factor, potential free trade agreements (FTAs) with various European countries, and market share gains in international markets.
first published: Jan 29, 2025 08:00 am
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