Financial Performance - Group revenue reached RMB 13,577 million, a 6.5% increase year-over-year[2] - Profit attributable to ordinary equity holders of the Company increased by 20.2% to RMB 1,238 million[7] - Operating profit increased by 9.3% to RMB 1,966 million[7] - Gross profit margin increased by 1.4 percentage points to 43.2%[10] Segment Performance - Mass market revenue grew by 3.2% to RMB 12,327 million[66] - Professional sports segment revenue increased significantly by 57.2% to RMB 1,250 million[66] - Saucony's revenue exceeded RMB 1 billion, demonstrating sustained high growth[41] Retail and E-commerce - E-commerce fueled revenue growth by approximately 20%[40] - The company plans to reclaim distribution rights from approximately 400-500 Xtep branded stores in 2H2025 & 2026[61] Strategic Initiatives - The company will invest RMB 500 million in Capex in 2025-2026 to implement its DTC (Direct-to-Consumer) strategy[60] - The full year payout ratio (including special dividend) is 138.2%[7] - The company aims to enhance efficiency and build momentum by focusing on running and creating a professional image[57]
特步国际(01368) - 2024 H2 - 电话会议演示