新秀丽:2024年销售不及预期但利润率超预期;北美和亚洲市场疲软 2025年指引未确定

中金公司
14 Mar

2024 年销售不及预期,但利润率超出我们的预期新秀丽公布2024年业绩:净销售额达到35.9亿美元,按固定汇率(CER)计算同比下降0.2%;调整后EBITDA为6.83亿美元(利润率为19%,2023年为19.3%,2019年为13.5%);调整后净利润3.7亿美元(2023年为3.92亿美元)。销售额未达我们预期,但利润率超出预期,主要是亚洲销售额下降幅度大于预期,但营销和管理费用得到良好...

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