Saraswanti Sets Moderate Growth Target for 2026

Strategic Business Planning for Next Year

PT Saraswanti Anugerah Makmur Tbk (SAMF), operating in Indonesia's non-subsidized fertilizer sector, has announced a moderate growth target of 7-8% for its sales performance in 2026. The company's CEO, Yahya Taufik, stated that this target is based on optimistic macroeconomic assumptions for the coming year.

Macroeconomic Factors Supporting Growth

The Indonesian government's budget for 2026 projects 5.4% economic growth, with the exchange rate expected to remain stable at around Rp16,500 per USD and inflation controlled at 2.5%. These factors are seen as positive indicators for industrial growth, particularly in the non-subsidized fertilizer sector that includes Nitrogen, Phosphorus, and Potassium (NPK) products.

Sector-Specific Growth Drivers

Saraswanti's business performance is closely tied to the palm oil plantation sector, which is its primary market. The company remains optimistic about achieving its sales target if agricultural demand, particularly from palm oil producers, continues to be strong. The moderate growth projection reflects a cautious approach while still capitalizing on potential opportunities in the fertilizer market.

Business Outlook

The company's management believes that maintaining a moderate growth strategy will allow them to navigate potential economic fluctuations while still achieving significant expansion. This approach is seen as a balanced response to both positive macroeconomic indicators and sector-specific challenges.