Herfy is looking at Africa and Asia for expansion opportunities, with plans to open five new restaurants in Bangladesh next year. The company is also seeking acquisition targets, according to company COO Khalid Al Saeed. Speaking on the local market, he added that Saudis were spending more money on food.
Herfy: SAR44.80 as of 04 Nov 2018, Rating: Buy, TP: SAR59.00/share, MCap: USD773mn, HERFY AB/6002.SE
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