大家乐(00341.HK):续租议价空间增 下半财年无「保就业」仍对现金流乐观
大家乐(00341.HK)首席执行官罗德承出席业绩发布会时表示,现时与业主续租议价空间增多,但认为普遍要签署短约才会有较大的租金减幅,所以暂未见到租金大幅回落,不过过往部分建议业主会立即拒绝,现时则有讨价还债的空间。至於施政报告提出取消非住宅物业双倍印花税会否增加买铺意欲,他指出装修门店投资有限,但买铺仍然是天价,购买一家商铺的价钱足够投资数十家分店,但因为公司投资物业都是自用,所以如果有策略性位置亦会考虑。
他又指公司「保就业」所得的拨款全部用於支付员工薪酬,强调现时营运现金流健康,最近亦向银行取得了6.8亿元的中长期资金,助扩充网络及开设门店,另外亦有额度未使用,所以即使下半财年无「保就业」计划支持仍对现金流保持乐观,故上半财年亦有保守派息。至於饭堂及学校午餐业务受压会否考虑裁员,他指出人力成本很大比重是兼职时薪员工及加班,所以这方面会是首先调节的工具,将参考业务需要或减兼职时数,倘疫情非严峻长工毋须裁员。
他又指出,公司在疫情下可调节以符合抗疫措施,即使在入座率五成的情况下,十月份同店销售跌幅亦只是高单位数至低双位数,而外卖亦能部分抵销堂食方面所受的影响。他续指未来会继续在大湾区开店,料下半财年将开十家,总计全年内地开店十五家。
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