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

  • By: Foundation Securities (Pvt.) Limited

  • - Published: Thursday, 21 November 2024
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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 FY24 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 a staggering 31% YoY during FY24 for the 2nd consecutive year representing a 4-yr CAGR of 44% driven by multi-category strategy, demand stabilization and targeted initiatives. ILP&rsquo;s exports of US$529Mn represent a 4-yr CAGR of 26% compared to Pakistan textile exports 4-yr CAGR of only 7%.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Whereas, profitability declined 22% YoY in FY24 (4-yr CAGR 72...

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