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On Holding AG Q4 Earnings Summary

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

Below are the earnings highlights for On Holding AG (ONON):

Earnings: CHF80 million in Q4 vs. -CHF23.9 million in the same period last year.
EPS: CHF0.27 in Q4 vs. -CHF0.08 in the same period last year.
Excluding items, On Holding AG reported adjusted earnings of CHF96.2 million or CHF0.33 per share for the period.

Revenue: CHF606.6 million in Q4 vs. CHF447.1 million in the same period last year.

Note:
*Earnings per class A share

Looking ahead, for the full-year 2025, the company expects an increase in adjusted EBITDA and sales.

On Holding projects an annual adjusted EBITDA margin of 17 to 17.5 percent, with sales of at least CHF 2.94 billion.

For the full-year 2024, On Holding has recorded an adjusted EBITDA margin of 16.7 percent on sales of CHF 2.318 billion.

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