All AS Holding articles
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News briefsAmer Sports confidentially files for IPO
Amer Sports, the Finland-based company controlled by Anta Sports and parent of Salomon, Wilson, Atomic, Arc’teryx, Peak Performance, Armada and other brands, has confidentially filed for an initial public offering in the USA to offer between $1 and $3 billion of its equity, Bloomberg reports, citing sources familiar with the ...
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News briefsAmer reports best H1 since acquisition by Anta
Helsinki-based sports equipment manufacturer Amer Sports has recorded its best H1 since the company was acquired by a consortium of buyers led by the Chinese group Anta Sports Products Ltd. in 2019. Amer’s revenues rose by 37 percent to 13.27 million yuan renminbi (€1.77bn) for the six months ended June ...
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ArticleAnta Sports gets H1 sales lift from all segments, brands
Anta Sports Products Ltd. achieved a 32 percent increase in H1 operating profit to 7,623 million yuan renminbi (€1.02bn) for the six months ended June 30. Gross margin improved by 130 basis points to 63.3 percent from 62.0 percent, while profit attributable to shareholders increased by 40 percent to RMB ...
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ArticleAmer Sports gets upgraded by S&P Global
Amer Sports, the parent of Arc’teryx, Salomon and Wilson brands, last week received an upgrade on its credit rating to B+ from B and a stable outlook from S&P Global. The credit rating agency, which is projecting revenue growth of 17 to 18 percent for Amer this year and 8 ...
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ArticleAnta’s FY profit is flat despite revenue expansion
Anta Sports Products, forced to cope with pandemic-related policies that negatively impacted store foot traffic and consumer sentiment across China for most of 2022, reported 8.8 percent growth last year to 53,651 million yuan renminbi (€7.58bn) on a flat net profit of RMB 8,245 million (€1.17bn) against RMB 8,219 million. ...
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ArticleDTC, e-commerce drive topline for Anta Sports Products
Anta Sports Products’ annual operating income rose by 20 percent in 2021 to 10,989 million yuan renminbi (€1.57b) as total revenue increased by 39 percent to RMB 49,328 million (€7.01b). Net income attributable to equity shareholders was 50 percent higher at RMB 7,720 million (€1.16b) for the 12 months ended ...
