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大行評級|高盛:上調普拉達目標價至78.1港元 上調2025財年息税前利潤預測
格隆匯 03-10 10:54

高盛發表研報指,普拉達2024財年業績主要正面因素為市場份額增長與利潤率擴張,反映Prada主品牌及Miu Miu在品牌動力上的強勁表現。高盛提及,Prada品牌於2024財年的直營銷售增長4%,與同業相比表現優異;至於Miu Miu於2024財年93%的基本銷售增長,反映該品牌目前正處於擴張階段及其相對較小的基數,然而增長主要反映基本銷量的擴張。

高盛引述普拉達管理層指,計劃實現雙位數的零售店面擴張,這支持該行對普拉達2025財年零售銷售增長21%的預測。總體而言,該行對普拉達2025財年息税前利潤(EBIT)預測上調4%,並繼續認為集團有獲市場提升盈測及重新評級的空間。高盛將普拉達目標價由68.5港元上調至78.1港元,維持“買入”評級。

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