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《大行》里昂首予穎通控股(06883.HK)「跑贏大市」評級 目標價3.82元
阿思達克 08-06 09:57
里昂發表報告指,根據沙利文報告,中國香水市場在2023年至2028年的銷售額年均增長率料達14%。該行相信,穎通控股(06883.HK)作爲大中華區銷售額第三大的香水集團,將從中受惠。首予「跑贏大市」評級,以預測未來12個月目標市盈率13倍計,目標價3.82元。 里昂預測穎通控股明年3月底止2026財政年度的銷售額及淨利潤將分別增長17%及27%。預測2026至2028財政年度的銷售額及淨利潤年均複合增長率分別達16%及25%,淨利潤率將從2026財政年度的11.1%上升至2028財政年度的13%,原因是香水及其他品類的市佔擴張,以及DTC渠道擴張。
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