Core Viewpoint - The company is expected to benefit from a recovery in demand for lithium battery outdoor power equipment (OPE) products due to tariff adjustments and a potential increase in end-user demand following interest rate cuts [1][2] Group 1: Short-term Outlook - The impact of tariffs is becoming clearer, and with customer inventory depletion, a replenishment demand is anticipated [1] - The company has shown resilience in operations, with a revenue increase of 11.9% year-on-year to $912 million in the first half of 2025 [1] - The recent adjustment in tariffs, particularly the reduction of the fentanyl tax from 20% to 10%, is expected to improve revenue elasticity [1] Group 2: Long-term Growth Potential - The EGO brand, as a leading player in the lithium battery OPE sector, is well-positioned to benefit from the increasing penetration of lithium battery technology [2] - The company is actively expanding into commercial and riding-style products, as well as innovations like robotic lawn mowers and converting gas-powered equipment to electric, which could open new growth avenues [2] - Profit forecasts remain stable, with expected net profits of $148 million, $174 million, and $201 million for 2025-2027, corresponding to EPS of $0.29, $0.34, and $0.39 [2]
泉峰控股(2285.HK)2026年度投资峰会速递：有望受益海外降息 中长期看点明确