Pigeon CorporationTSE: 7956

Pigeon: Q2 FY2024 saw higher sales but lower profits, with full-year guidance maintained

· Issued by Pigeon Corporation

Q2 FY2024 net sales rose 6.9% year-over-year, but operating income and net income declined due to growth investments, especially in China. Full-year guidance and dividend forecasts remain unchanged, with strong product launches and continued global expansion.

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