HELSINKI, April 24 Finnish sporting goods
company Amer Sports on Thursday reported its
first-quarter operating profit fell 22 percent from a year ago
as the warm weather hit winter-sport equipment sales.
Amer Sports, the maker of Wilson tennis rackets and Salomon
skis, said its January-March quarter adjusted operating profit
decreased to 20.6 million euros ($28.5 million), down from 26.4
million euros a year earlier and well below the market's average
forecast of 29 million euros in a Reuters poll.
The company repeated it expected its profit to increase this
Shares in the company fell 1.8 percent to 15.02 euros after
($1 = 0.7231 Euros)
(Reporting by Sakari Suoninen; Editing by Jussi Rosendahl)