KUALA LUMPUR: Fraser and Neave Holdings Bhd (F&N) is expecting high single digit growth in terms of revenue and profits for its financial year ending Sept 30, 2011 (FY11).

Its CEO Datuk Ng Jui Sia said on Tuesday, Nov 9 F&N would continue to manage operation efficiency, currency fluctuation and global commodity prices

He said the prospects were promising in Malaysia and the region, with F&N recording a compounded annual growth rate (CAGR) of about 22% over the last six years, outperforming market expectations.

"We are looking for opportunities to create new franchises. We expect sustainable growth for exports and regional expansion," Ng said at a press briefing.