Amer Sports Inc. reported strong financial results for the fourth quarter of 2024, with revenue increasing 23% to $1.6355 billion compared to $1.3275 billion in Q4 2023. For the full fiscal year 2024, revenue grew 18% to $5.1833 billion, up from $4.4004 billion in 2023, marking a significant financial turning point for the company.
The company's profitability also strengthened, with gross profit reaching $917.5 million in Q4 2024 and $2.8718 billion for the full year. Adjusted operating profit for the full year stood at $470.8 million, demonstrating healthy margin expansion.
Looking ahead, Amer Sports provided its full-year 2025 guidance, projecting revenue growth of 15-17%, an adjusted gross margin of approximately 57.0%, and an adjusted operating margin of 11.0-11.4%. Adjusted diluted EPS is expected to be between $0.64 and $0.69, reflecting confidence in continued profitable growth despite anticipated foreign currency headwinds.
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