轻工制造行业:英美烟草发布2025H1业绩前瞻 关注新品GLOHILO日本表现

江海证券
Jun 11, 2025

事件:◆英美烟草发布2025H1 前瞻,按照固定汇率计算,集团上半年收入预计增长低个位数,该收入高于此前指引。并且公司表示由于计划推出新品,业绩将偏重于下半年。◆根据英美烟草官网,其新品Glo Hilo 于6 月9 日在日本宫城县率先上市,开展“仙台试点→全国推广”策略。投资要点:◆英美烟草2025 年上半年业绩表现略好于指引。公司2025H1 营收略高于预期,预计全年营收增长1%-2%,调整后...

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