ACG [OUTPERFORM +17.2%] - Vietnam’s dominant wooden surface company - Initiation
  • 23 Jan 2022
  • Company Research
We initiate coverage on ACG with an OUTPERFORM rating. ACG is Vietnam’s leading manufacturer of decorated wooden panels with a top-of-mind brand and a market share of 55% (per ACG). Its main customers include designers, agents, contractors and property de