新秀丽:3Q25业绩超预期 中国和途明品牌业绩反弹;4Q25经营杠杆可期

中金公司
Nov 13

3Q25 业绩超出我们预期新秀丽公布3Q25 业绩:净销售额8.73 亿美元,按固定汇率计算同比下降1.3%;调整后EBITDA 为1.43 亿美元(调整后EBITDA 利润率为16.3%,去年同期为17.6%);调整后净利润6,360 万美元(去年同期为7,970 万美元)。3Q25 业绩超出我们预期,主要受益于中国和途明品牌表现超预期。发展趋势管理层预计全球客运出行2024 至2029 年长期...

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