Some BreadTalk to whet your investment appetite

SINGAPORE (Jan 6): RHB has maintained its “buy” recommendation for BreadTalk Group following a three-year revamp to remove its underperforming stores.

According to Juliana Cai, RHB’s research analyst, the group has closed nine poor performing food atrium stores and will be focused on opening new ones in cities where the group has a strong track record. In fact, Cai believes the segment will turn profitable in 2017.

The group’s bakery segment remains a strong performer, with continued cost management and consistent product innovation. Toast Box has also been introducing new product to increase its ticket sales per head.

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