萬洲(00288.HK)冀成本管控措施下半年見效不排除趁機併購或擴張
萬洲國際(00288.HK)雙匯發展總裁馬相傑出席業績發布會時指出,上半年利潤下降主要因為期內成本增加,公司有推出多項節省成本的措施,包括調整產品結構、控制成本及內部管控等,料相關措施下半年可陸續見效。他續指,上半年調價3次,而下一波調價計劃則要按原材料成本情況而定,暫未有下一次調價計劃,但若下半年豬價明顯上升亦不排除第四季有機會調價。
他指出雙匯雖然屠宰量大,但在中國市場佔比仍十分細,行業集中度與美國亦有很大差距,認為若行業集中度提升可助提升管理,而現時國內養殖及屠宰業均被低估,故是擴張、兼併的機會,會視乎雙匯的發展戰略,找到合適機會時不排除會進行併購或自行擴大養殖或屠宰規模。
在美國業務方面,史密斯菲爾德食品公司首席財務官Glenn T. Nunziata指出,貿易戰等因素對公司出口至中國有影響,認為出口至中國的規模會因應中美豬價差異而有所浮動,而確實過去數月出口至中國有戲劇性增長,惟關稅因素會對盈利能力造成一定影響。公司會繼續發掘新的出口市場,將豬肉出口至其他國家。
他又指公司將在美國推植物性蛋白產品,首階段有八款產品,料最快9月底前上架,他認為相關市場具潛力,但有別於其他針對漢堡市場的同業,公司產品主要針對零售渠道,除肉丸外亦有早餐肉及漢堡等產品,利潤水平或可貼近高端產品,但未來一至兩年相關業務規模不會太大。
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