Amer Sports has published its annual report today for the year 2024 On the website of investors relations.
“2024 was a remarkable year for Amer Sports and our teammates, partners and shareholders. This gives me great pleasure to share with you winning moments of the last 12 months, which has started with an IPO at the New York Stock Exchange and resulted in record income and profits, “said CEO James Zheng in his Letter to shareholders.
“Amer Sports revenues” increased by 18% in 2024, with a wide force through segments, regions, canals and categories. Arc’Teryx and Salomon Footwear continued their strong trajectories, and Wilson returned to positive growth. We continue to prioritize high quality growth, which allowed us to extend our basic points in the gross margin adjusted by the gross margin. Lever, the effective tax rate and annual interest, allowing us to generate a profit adjusted per share of $ 0.47 – a significant improvement compared to an adjusted loss of $ 0.27 per share in 2023 “, summarizes James Zheng.
2024 protruding facts in short
- Improvement of the capital structure: Generated ~ $ 1.5 billion through our first public public call on February 1 and ~ 1 billion dollars thanks to a follow -up offer on December 4.
- Detail excellence: On a consolidated basis, the direct-consumer reached 44% of total income, compared to 36% in 2023.
- Advantage of Grand China: Has achieved growth of more than 50% in the largest China.
- Arc’teryx: A exceeded $ 2 billion in income, opened 33 new net stores and resulted in income growth of 36% for the technical segment of clothing.
- Solomon: Footwear exceeded $ 1 billion, Salomon opened 100 new stores in Grand China and has become a premium partner of the Milano Cortina 2026 Olympic and Paralympic Winter Games.
- Wilson: The growth trends for bullets and snowshoes have improved, accelerating more than 22% in the fourth quarter, driven by high racket sports trends.
- Winter sports equipment: We believe that our winter sports equipment franchises have acquired a share on a difficult market, in particular atomic.
- Sustainability: Has established a climate program on the group targeting net-zero emissions.