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Amer Sports Confirms Full-year Revenue Growth Outlook

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Amer Sports Inc. (AS) Monday said it currently expects full-year revenue to grow at the high end of its previous outlook of 16 percent - 17 percent growth.

The company also expects adjusted operating margin for the year to be at the high end of the previous guidance range of 10.5 percent-11.0 percent.

Additionally, Amer Sports said it has fully paid outstanding term loans of $1.2 billion in the fourth quarter. It now expects fiscal 2025 adjusted net finance costs to be about $120 million, lower than the previous guidance of $180 million-$190 million.

The Company is scheduled to report fourth quarter results on February 25.

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