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大行評級|麥格理:下調普拉達目標價至66港元 收購Versace將稀釋今明兩年EBIT利潤率
格隆匯 04-11 13:25
麥格理髮表研究報告指,普拉達擬以現金作價13.75億美元全購Versace,將稀釋普拉達今明兩年的EBIT利潤率,並自明年下半年起逐步恢復。該行指,Versace在2025財年對美國、歐洲與中東及非洲地區(EMEA)及亞太區的銷售佔比分別爲31%、42%及27%,並擁有零售門店227家。該行將普拉達今明兩年的淨利潤預測分別下調6%及5%,以納入收購Versace的影響,將其目標價下調25%至66港元,評級“跑贏大市”。
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