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大行評級|瑞銀:安踏管理層對利潤率和盈利能力有信心 目標價維持107.5港元

瑞銀報吿指,安踏旗下安踏、Fila及其他品牌第二季銷售分別錄高單位數、中單位數及40%至45%增長,上半年總計分別錄中單位數、高單位數及35%至40%增長,安踏及其他品牌第二季銷售表現整體略勝預期。

該行相信,安踏在分析員電話會議表現整體正面,因管理層對盈利率及盈利能力表現信心。公司維持安踏及Fila品牌今年銷售按年升10%至15%指引,亦有信心兩者的經營溢利率分別達到20%至25%及25%至30%指引。

瑞銀大致維持對安踏今年至2026年每股盈利預測,目標價維持107.5港元,投資評級“買入”。

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