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Amer Sports (AS) exceeded analyst expectations in its latest earnings report, beating on revenue and profit metrics. The company reported revenue of $1.64 billion, surpassing the projected $1.60 billion, while adjusted earnings reached $0.17 per share, edging past the anticipated $0.16 per share. However, the stock is under some pressure as the company's 2025 sales growth is expected to be less than it was in 2024.
Amer Sports CFO Andrew Page joins Catalysts to provide insights into the company's performance and future trajectory. He highlights 2024 as a year of significant accomplishments, including notable sales growth.
Page emphasizes that the company's successful year gives Amer Sports "momentum" going into 2025. He adds, "Exiting 2024, the business is strong; entering 2025, it's healthy, and our constant currency growth rate is in line with 2024."
Looking toward global expansion opportunities, Page expresses optimism about the company's market presence. "We're excited about the growth across all of our markets," he tells Yahoo Finance, referencing both domestic and international potential.
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He adds that "as our markets mature," the company anticipates favorable impacts on both EBITDA and revenue generation.
Watch the complete interview above for additional insights on how Amer Sports is preparing for potential tariff challenges.
To watch more expert insights and analysis on the latest market action, check out more Catalysts here.
This post was written by Angel Smith