安踏体育2024年业绩点评:新业态引领市场,看好25年延续增势

东吴证券
21 Mar

投资要点公司公布2024年度业绩:收入708.3亿元/yoy+13.6%,归母净利156.0亿元/yoy+52.4%,剔除Amer Sports上市及配售利得的净利119.3亿元/yoy+16.5%。末期派息118港分/股,年度分红比例51.4%。安踏品牌:多层级渠道战略成效显著,目标2025年增长高单位数。24年收入335.2亿元/yoy+10.6%,其中DTC/电商/批发收入分别同比+7.3%...

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