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<Research>Citi Sets SAMSONITE's TP at HKD19.7 w/ Rating Buy; Sales Expected to Improve QoQ in 4Q
Recommend 3 Positive 5 Negative 2 |
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SAMSONITE (01910.HK)'s 3Q25 results were largely in line with expectations, with adjusted EBITDA down 7.7% YoY to USD143 million and revenue at constant exchange reaching USD872.7 million with a YoY decline narrowed to 1.3%, according to a Citi research report. Although there was a high base in 3Q25, SAMSONITE's management expects sales growth to improve QoQ in 4Q25 with the support of robust global travel demand, new product launches, and marketing activities. Citi gave SAMSONITE a target price of HKD19.7 and a rating of Buy. AAStocks Financial News |
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