-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師總結如下： CCEP公佈2026年第一季營收為50億歐元，與市場普遍預期的49.9億歐元基本一致。外匯收入成長9.4%，主要得益於8.5%的強勁銷售成長。但若計入額外六天的消費量，可比銷售成長1.6%，則更能反映市場需求。每箱營收成長較為溫和，為0.8%，其中歐洲市場成長1.3%，而亞太地區市場則因三得利退出酒精飲料業務的影響而下降0.3%。能量飲料品類銷售成長尤為突出，達到21.3%，這主要得益於Monster品牌通路的拓展。然而，考慮到過度創新可能導致消費者選擇過多，我們預期該品類難以持續超額完成成長。管理層重申了2026年外匯收入成長3-4%和可比營業利潤成長約7%的目標，與市場普遍預期基本相符。然而，鑑於當前充滿挑戰的消費環境，我們保持務實的態度，持續關注價值和可負擔性，這限制了價格成長潛力，並需要持續的促銷活動。
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BP Production Surges 4.5% as Middle East Supply Risks Continue
BP's Q1 production hit 2.34 million barrels of oil equivalent per day, a 4.5% year over year increase driven by major project startups and Bpx Energy shale performance.Despite these operational gains, the energy giant warned that escalating Middle East disruptions will weigh on future output.The oil production and operations division served as the company's primary engine, delivering an underlying profit of $2.0 billion, consistent with Q4 2025.Higher price realizations successfully offset the impact of North Sea divestments. Reported production reached 1,541 mboe/d, marking a 4.5% increase over the previous year.BP's gas and low carbon energy segment posted an underlying profit of $1.3 billion, down slightly from $1.4 billion in late 2025.The dip was attributed to "average" gas marketing results and adverse price lags. However, volume remained strong, with reported production reaching 798 mboe/d, also up 4.5% year-on-year.Reported production for this segment hit 798 mboe/d, up 4.5% from the same period last year.Despite the strong start to 2026, BP issued a cautious outlook for the second quarter.The company expects reported upstream production to decline due to seasonal maintenance predominantly affecting operations in the Gulf of Mexico and Middle East disruption.The company warned that refining margins and fuel volumes remain highly sensitive to the "extent and duration" of current conditions in the Middle East.BP maintains its 2025 underlying production targets but has officially lowered its total reported upstream production forecast for the full year."We continue to closely monitor the situation," the company stated, noting that the full impact on its customers and products businesses will depend on how long these market disruptions persist.
Asia
Liaoning Port's Q1 Profit Soars 76%
Liaoning Port (SHA:601880, HKG:2880) recorded a 76% rise in attributable profit in the first quarter of 2026 to 359.2 million yuan from 204.2 million yuan a year prior, according to a Tuesday Hong Kong bourse filing.The port operator's earnings per share rose to 0.0152 yuan from 0.0085 yuan in the corresponding period of the previous fiscal year.Operating income jumped 3.1% to 2.61 billion yuan from 2.53 billion yuan in the year-ago period.
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Mining & Metals
Hut 8 Down 3.8% In US Premarket After Pricing US$3.25B of Investment-Grade Senior Secured Notes for River Bend Data Center Project
Hut 8's (HUT, HUT.TO) was at last look down near 4% in US premarket trade after wholly-owned subsidiary, Hut 8 DC LLC, priced a US$3.25 billion private offering of 6.192% senior secured notes due 2042."The Notes will be offered to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to non-U.S. persons in reliance on Regulation S thereunder," said the company.The notes will bear interest at a rate of 6.192% per annum payable semi-annually in cash in arrears on November 15 and May 15 of each year, beginning on November 15, 2026 and will mature on November 15, 2042, said the company and added that the notes will be fully amortizing with amortization payments payable semi-annually beginning on May 15, 2028.The issuer plans to use the proceeds from the offering to finance the development and construction of a turnkey data center with 245 megawatts of critical IT capacity and the related substation at Hut 8's River Bend campus, reimburse Hut 8 for a portion of its prior equity contributions to the issuer that were used to fund capital expenditures relating to the Project, fund debt service reserves, and pay fees and expenses in connection with the offering.The offering is expected to close on April 30, 2026, subject to market and other conditions, said the company."The Notes will constitute senior secured obligations of the Issuer and will be secured by first-priority liens on substantially all assets of the Issuer, other than certain excluded property, as well as a pledge of the equity interests in the Issuer held by Hut 8 DC Member LLC, the direct parent company of the Issuer. The Notes are non-recourse to Hut 8," added the company.Shares in HUT were down near 1.9% in Canada yesterday.
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