February 25, 2025 - 20:26
Amer Sports has recently reported impressive earnings, exceeding analyst expectations in both revenue and profit metrics. The company achieved a revenue of $1.64 billion, surpassing the projected $1.60 billion, while adjusted earnings per share reached $0.17, slightly above the anticipated $0.16. Despite this success, the stock is facing some pressure as projections indicate that sales growth in 2025 may not match the levels seen in 2024.
CFO Andrew Page expressed enthusiasm about the company's performance and future prospects during a recent interview. He highlighted 2024 as a pivotal year for Amer Sports, marked by significant sales growth that has provided the company with "momentum" heading into 2025. Page stated that the business remains strong as it transitions into the new year, emphasizing a healthy outlook and a constant currency growth rate that aligns with 2024.
Looking ahead, Page is optimistic about global expansion opportunities, noting the potential for growth in both domestic and international markets. He believes that as these markets mature, they will positively impact both EBITDA and revenue generation, reinforcing the company's commitment to sustained growth.
