The Finland-based sporting goods group Amer Sports Inc. was also able to exceed market expectations in the third quarter of the 2025 financial year. In view of the surprisingly strong development, the parent company of brands such as Arc’teryx, Salomon, Wilson and Peak Performance raised its annual forecasts again on Tuesday.
In the three months to September 30, group sales reached $1.76 billion (1.52 billion euros). This means that it rose by 30 percent compared to the same quarter of the previous year and was able to clearly exceed the analysts’ expectations. Adjusted for exchange rate changes, revenue grew by 28 percent.
Asia remains a growth engine
The group owed the significant increase not least to strong results from the Salomon and Arc’teryx brands as well as above-average growth in Asia. In Greater China, revenues rose by 47 percent to $461.5 million, while in the remaining markets of the Asia-Pacific region they rose by 54 percent and reached $192.1 million.
In the EMEA region, which includes Europe, the Middle East and Africa, sales grew by 23 percent to $528.5 million, and in the Americas by 18 percent to $574.2 million.
The group can more than double its net profit
Amer Sports also made significant progress in terms of results. Operating profit increased by 22 percent to $215.9 million. Adjusted for special effects, it grew by 41 percent to $275 million.
The net profit attributable to the shareholders was more than twice as high as in the same quarter of the previous year: it jumped from 55.8 to 143.1 million US dollars (123.5 million euros).
Management increases annual forecasts
In the first nine months of the current year, group sales amounted to almost 4.47 billion US dollars, which corresponded to an increase of 26 percent compared to the same period last year. Net income attributable to shareholders grew from $57.2 million to $295.9 million.
The surprisingly strong growth in recent months prompted management to raise its annual forecasts once again. A sales increase of 23 to 24 percent and diluted earnings per share adjusted for special items in the range of 0.88 to 0.92 US dollars are now expected.