Posts tagged as amer sports

  • Monday, May 4th 2015

    Amer gets more digital through Sports Tracker acquisition

    by Markus Huber

    Amer Sports, the Finnish group behind brands such as Precor, Atomic, Salomon, Suunto, Arc’teryx and others, is investing in digital connectivity. Today, it announced its acquisition of Sports Tracker, a company that specializes in online services and digital sports applications. The latest takeover is said to be complementary with the existing family of the group’s “Digital Ecosystem” […]

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    Tuesday, March 24th 2015

    Amer Sports invests in baseball through acquisition

    by Markus Huber

    Amer Sports, the group behind brands such as Atomic, Salomon, Suunto, Mavic and others, has announced the takeover of Louisville Slugger, a manufacturer of baseball bats made of wood and other materials as well as related accessories such as gloves, bags and protective equipment. The move is meant to strengthen the ball sport business of […]

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    Friday, October 24th 2014

    Amer improves and books stable ski sales

    by Markus Huber

    Amer Sports saw its net sales increasing by 6 percent in local currencies compared to last year’s second quarter to €645.8 million. In the third quarter ended Sept. 30, its gross margin dipped by 0.3 percentage points to 44.7 percent, mainly due to the economic environment in Russia and lower margins for wintersports equipment. Earnings […]

  • amer-sports-brand-store-view-from-teolli_web

    Tuesday, August 26th 2014

    Amer Sports opens first retail store for its family of brands

    by Markus Huber

    Next Friday, Aug. 29, the Finnish Amer Sports group opens its first retail store representing a selected offer of its affiliated brands at its headquarters in Helsinki. The selling surface covers 280 square meters and offers sports and lifestyle products from brands such as Salomon, Wilson, Atomic, Arc’teryx, Mavic, Suunto, Bonfire and Nikita. The assortment comprises gear […]

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    Thursday, July 24th 2014

    Amer Sports: sales are up, but so are net losses

    by Markus Huber

    In the first six months of 2014, Amer Sports improved its net sales figures to €877.6 million, up from €870.2 million in the same period last year. The gross margin increased slightly by 0.3 percentage points to 43.9 percent. Earnings before interests and taxes (Ebit), excluding non-recurring effects worth €1.2 million, was down to €3.0 […]

  • Friday, April 25th 2014

    Amer Sports posts solid growth for the first quarter


    Amer Sports, the Finnish holding behind brands like Atomic, Salomon, Wilson, Suunto, Mavic and Precor lifted its sales in the first quarter of fiscal year 2014 (March 31) to €501.5 million up from €493.0 million in the previous year’s period. In local currencies, sales growth rate was 6 percent. The gross margin improved only slightly […]

  • Wednesday, January 29th 2014

    2013 a satisfactory year for Amer Sports

    by Markus Huber

    In the year that came to a close on Dec. 31st, Amer Sports saw its net sales increase to  €2,136.5 million, up from €2,064.0 million. In local currency, the increase was 8 percent. Their gross margin remained at 43.6 percent. Profits (Ebit) increased significantly (excluding non-recurring effects) to €154.9 million compared with €138.7 million in […]

  • Friday, November 1st 2013

    Amer Sports to issue large bond to secure fresh money

    by Markus Huber

    The Finnish group has announced that it will issue a floating rate bond worth 750 million Swedish crowns (€85.2 million). The bond addresses institutional investors from northern and central Europe and is repayable within five years. It will be listed at the Nasdaq OMX stock exchange in Helsinki. Amer said that the offer was quickly […]