交银国际的研究报告指，安踏(02020.HK) 去年业绩符合预期，持续提升派息率。至于今年的展望及指引，公司将继续多品牌全球化战略。目前主品牌安踏门店模式差异化布局已显成效，新型门店店效大幅提升。FILA品牌持续深耕垂类领域的竞争力，提升高级市场和年轻消费群的渗透。同时，东南亚市场布局预计进入高速发展阶段，并且将加大中东市场的拓展。管理层给予明确的海外拓展目标，即5年内海外业务贡献达15%。2025全年，公司指引安踏、FILA及其他品牌分别实现高个位数、中个位数及逾30%的增长，总收入高个位数至双位数增长。
该行指，年初至今，销售表现符合公司预期，高端小众品牌之表现与2023年相若。同时，国务院印发之《提振消费专项行动方案》提及多个重点任务预期给予体育用品市场积极支持，该行上调公司盈利预测，目标价由104.28元上调至113.3元，维持评级“买入”。(vc/a)(港股报价延迟最少十五分钟。沽空资料截至 2025-03-21 12:25。)
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.