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<Research>Jefferies: IMPRO PRECISION (01286.HK) 1Q Rev. Beats; Firm Raises Full-yr Sales Guidance
Recommend 1 Positive 4 Negative 2 |
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IMPRO PRECISION (01286.HK)'s 1Q26 revenue was $1.428 billion, up 22.5% YoY, higher than the Company's full-year growth guidance of 15%, Jefferies released a research report saying. During the period, revenue from the high horsepower engine business increased by 29% YoY to $302 million, in line with earlier guidance. The Company raised its 2026 sales growth forecast to 15-20% YoY. Therefore, Jefferies now rated IMPRO PRECISION at Buy, with a target price of $10.34. Auto-translated by AI AASTOCKS Financial News |
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