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Amer Sports Expects 2024 Revenue Growth at High End of Guidance Range
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Amer Sports Expects 2024 Revenue Growth at High End of Guidance Range
Jan 13, 2025 5:43 AM

08:21 AM EST, 01/13/2025 (MT Newswires) -- Amer Sports ( AS ) said Monday it expects revenue to grow at the high end of the previous guidance range of 16% to 17% for full year 2024.

The company also said it has repaid all $1.2 billion of its outstanding term loans in Q4 and anticipates adjusted net finance costs of about $120 million for fiscal year 2025, compared with the previous guidance of $180 million to $190 million.

The company said it will report results for Q4 and fiscal year 2024 and provide detailed outlook for 2025 on Feb. 25.

Shares of Amer Sports ( AS ) were down 5.6% in premarket activity Monday.

Price: 29.15, Change: -1.74, Percent Change: -5.63

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