Amer Sports activities (AS) exceeded analyst expectations in its newest earnings report, beating on income and revenue metrics. The corporate reported income of $1.64 billion, surpassing the projected $1.60 billion, whereas adjusted earnings reached $0.17 per share, edging previous the anticipated $0.16 per share. Nevertheless, the inventory is underneath some strain as the corporate’s 2025 gross sales progress is anticipated to be lower than it was in 2024.
Amer Sports activities CFO Andrew Web page joins Catalysts to supply insights into the corporate’s efficiency and future trajectory. He highlights 2024 as a 12 months of serious accomplishments, together with notable gross sales progress.
Web page emphasizes that the corporate’s profitable 12 months offers Amer Sports activities “momentum” going into 2025. He provides, “Exiting 2024, the enterprise is robust; getting into 2025, it is wholesome, and our fixed foreign money progress price is consistent with 2024.”
Trying towards world growth alternatives, Web page expresses optimism concerning the firm’s market presence. “We’re excited concerning the progress throughout all of our markets,” he tells Yahoo Finance, referencing each home and worldwide potential.
He provides that “as our markets mature,” the corporate anticipates favorable impacts on each EBITDA and income era.
Watch the whole interview above for extra insights on how Amer Sports activities is making ready for potential tariff challenges.
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This publish was written by Angel Smith
