安踏體育 (2020.HK): 第三季度增長喜人,收購將豐富產品矩陣 October 25, 2018 558

投資概要
公司是中國國內運動鞋服的龍頭企業。2018年前三季度業績均錄得顯著增長,第四季度是零售行業的傳統旺季,節假日與電商促銷活動較多,預計對銷售形成利好。公司計畫連同私募基金向芬蘭體育用品龍頭Amer Sports發出收購意向,若收購成功,公司品牌矩陣將進一步豐富。我們維持目標價47.3港元。(現價截至10月19日)

About the author

Profile photo of Eurus Zhou

Eurus Zhou
Phillip Securities (HK)

Graduated from Hong Kong Polytechnic University, Master of Finance (Investment Management). Possess bachelor degree majoring in Financial Management from Southwestern University of Finance and Economics. Focus on industry prospect and corporate fundamentals to explore investment value and cover pharmaceutical and consumer industry.

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