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Interloop Limited (ILP): Analyst Briefing Takeaways – By Foundation Research

  • By: Foundation Securities (Pvt.) Limited

  • - Published: Monday, 07 November 2022
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<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Interloop Limited (ILP PA) held its Analyst Briefing today to discuss 1QFY23/FY22 financial results and outlook of the company. Following are the key takeaways of the briefing.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Company&rsquo;s sales inclined by 65% YoY and profitability increased to Rs13.76/sh, up by 96% YoY, during FY22 given strong global economic growth.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Company&rsquo;s sales are 53% to North America, 32% to Europe, 7% to Asia and 8% to domestic customers. The company has a diversified client base with a mix of brands (Nike, Adidas, Puma, Boss, Guess, Levi&rsquo;s, etc) and retailers (...

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