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A股異動丨啤酒概念股走高 樂惠國際錄得3天2板 燕京啤酒創歷史新高
A股啤酒概念股集體上漲,其中,樂惠國際漲停錄得3天2板,燕京啤酒漲超3%創歷史新高,珠江啤酒、青島啤酒、惠泉啤酒、重慶啤酒跟漲。消息上,招商證券發佈研報稱,啤酒銷量如期企穩,期待結構恢復。24年啤酒行業旺季銷量承壓拖累全年業績表現,主要企業通過增投費用、控制發貨等方式主動調節庫存,成本紅利帶動淨利率仍有提升。25年行業輕裝上陣,Q1銷量呈現復甦,業績也普遍呈現改善趨勢。全年維度看,旺季動銷改善意義不僅在於銷量恢復,低預期、低基數下,現飲渠道消費增加有望帶動結構自然恢復。東方證券表示,自3月啤酒進入低基數以來,4月啤酒行業量增環比加速,進入備貨旺季,驗證前期觀點。其中,百威受管理層更迭、傳統具有優勢的夜場渠道受損等影響,在廣東等區域持續讓出份額,華潤啤酒的喜力以及珠江啤酒的97純生等受益競對調整,25年以來表現好於預期。燕京啤酒U8延續強勢增長勢能,帶動公司盈利能力提升,其首款全國汽水大單品倍斯特鋪貨,通過“啤酒+汽水”的市場佈局進一步滲透餐飲市場。(格隆匯)

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