Amer Sports, Inc. has had a successful first quarter. The Finnish sports group recorded significant growth both in terms of sales and net results, as can be seen from the published quarterly figures. Due to the good results, Amer Sports, Inc., decided to raise expectations for the entire financial year.
The parent company of brands such as Arc’Teryx, Peak Performance and Salomon generated sales of $ 1.4 billion (1.2 billion euros) in the three months of the quarter, which corresponds to growth of 23 percent. The company’s profitability has also improved significantly during the financial period. The operational result rose by 97 percent to $ 214 million. The group’s net result rose from $ five million to 135 million euros.
According to the positive results, Amer Sports has been updated by expectations for the entire financial year, which ends on December 31, 2025. In the forecast, import duties on Chinese exports to the United States are taken into account by 30 percent and tariffs for the rest of the world of 10 percent, as can be read in a disclaimer. The company expects sales growth between 15 and 17 percent for the entire financial year. The gross profit margin is expected to be between 56.5 and 57 percent. The higher the gross profit margin, the better it is generally for companies.
Amer Sports, Inc. is active in 42 countries with their own operational activities. The group’s products are sold in over a hundred countries. Amer Sports, Inc. employs a total of 13,400 employees worldwide: r.
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