特灵科技2Q25超预期:强劲美洲商用暖通抵消家用业务疲软

中金公司
Aug 01, 2025

2Q25 业绩超出我们的预期特灵科技公告2Q25 的业绩:收入同比+8%至57.5 亿美元,有机收入同比+7%,有机订单同比+4%。调整后归母净利润同比+16%至8.73 亿美元,利润率为15.2%。调整后EPS 同比+18%至3.88 美元。特灵业绩超出我们的预期,主要得益于美洲商业暖通业务的强劲表现,抵消了家用业务的疲软。美洲市场:1)2Q25 美洲收入同比+9%至47 亿美元,有机收入同比+...

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