大行评级丨杰富瑞:美高梅中国次季经调整EBITDA胜预期,评级“买入”

格隆汇
Jul 31
杰富瑞发表研报指,美高梅中国第二季销售及经调整EBITDA符合该行预期,而经调整EBITDA较市场预期高8%。期内经调整EBITDA为23.3亿港元,同比跌7%、环比跌5%;收益为86亿港元,同比持平、环比跌2%。市场份额为16.4%,同比跌0.3个百分点、环比升0.5个百分点。管理层在电话会议中表示,6月澳门博彩收入受世界杯的短暂影响,惟已见到世界杯后积存需求陆续释放,上星期(7月22至26日)美高梅旗下物业日均访客量及正常化博彩收入已超越首季世界杯前水平,而整体澳门市场亦已回复至接近首季水平。管理层亦提到,澳门夏季活动及演唱会档期将为暑期业务提供进一步支持。该行给予美高梅中国“买入”评级,目标价15.8港元。

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