Back    Zoom +    Zoom -
<Research>Citi Raises SWIRE PACIFIC A's TP to HKD97.5, Rating Buy
Recommend
3
Positive
3
Negative
0
SWIRE PACIFIC A (00019.HK) achieved a 13% YoY growth in FY25 EPS, surpassing the 5% YoY increase in recurring underlying profit, reflecting management's satisfaction with its progressive dividend policy, Citi wrote in its research report. Management anticipates "future" EPS to achieve mid-single-digit growth.

Moreover, SWIRE PACIFIC A's management believes there is room for margin improvement in the beverage business and plans to achieve this through revenue growth and packaging targeted at specific channels, as competition from takeaway platforms normalizes.

Related NewsSWIRE PACIFIC A Annual NP $2.938B, Down 32%; 2nd Interim DPS $2.5
Citi has raised its target price for SWIRE PACIFIC A from HKD85 to HKD97.5 and kept the Buy rating unchanged.
AAStocks Financial News