大摩:長和(0001.HK)附屬CKHGT首季業績略遜預期
摩根士丹利發表研究報吿指,長和(0001.HK)附屬CKHGT首季收入24億元(歐元.下同),毛利17億元,略遜預期。
該行指,英國業務收入持平,該行預期今年將受惠於合約客户增長,表現會有更多改善;意大利業務毛利按年跌5%。該行續指,CKHGT對沖了74%的2022-23年英國能源成本,以及多於90%的意大利成本,以保護了公司免受能源價格上升的影響。另外,英國鐵塔出售收入將包括在第二季或第三季中,將帶來23億元現金,而其淨債務為46億元。

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