Glonghui, April 18 | UBS released a report stating that the first-quarter sales of Anta Sports brand products, Fila and other brands increased by medium single digits, high single digits, and 25 to 30%, respectively, from year to year, in line with this forecast. The Group's online sales growth in the first quarter accelerated year-on-year to about 20% to 25%, while Fila's online sales maintained strong year-on-year growth of 25% to 30%. Additionally, Fila's discount level was better than expected, and the average inventory level of all brands reached the lowest level in the past few quarters. The report mentioned that Anta maintains this year's guidelines, which means that sales of Anta brand products and Fila increase of 10% to 15% year over year. The bank maintained the Group's earnings forecast per share for 2024-26, with a target price of HK$107.5 and a “buy” rating.