SAMSONITE (01910.HK) -0.140 (-0.996%) Short selling $9.93M; Ratio 12.043% reported lower-than-expected profit margin for 1Q25, with an adjusted EBITDA of US$128 million, missing UBS' estimation by 16%, mainly due to lower-than-expected profit margins, UBS released a research report saying.UBS slightly raised its revenue forecast for SAMSONITE by 1% to reflect better-than-expected 2Q25 sales trend guidance for North America, but lowered its adjusted EBITDA margin forecast by about 11 0bps, as operating deleverage in 1Q25 was more pronounced than originally expected. Related NewsDaiwa Downgrades SAMSONITE (01910.HK) to Hold, Chops TP to $15Accordingly, the broker reduced its 2025-2027 EPS forecasts by 8%/ 2%/ 2% respectively. However, as UBS lowered its WACC forecast to 9.5% from the original 9.9%, the broker elevated its target price by 9% to $16.3, from the original $15, with rating at Neutral as the current price has already accounted for low profit visibility.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-15 12:25.)