Amer Sports Oyj: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Amer Sports Oyj Confirms FY 2012 Net Sales Guidance and Issues FY 2012 EBIT Guidance Below Analysts' Estimates
Amer Sports Oyj announced that its guidance for the fiscal year 2012 net sales (revenue) is unchanged. The net sales for the fiscal year 2012 in local currencies are expected to increase from 2011 in line with the Company's annual 5% growth target. Amer Sports 2012 EBIT excluding non-recurring items is expected to be approximately at the level of 2011 despite the uncertainty in the winter sports market and the ongoing investments into the future growth. For the fiscal year 2011, the Company reported revenue of EUR 1,880.80 million and EBIT of EUR 135.50 million. According to I/B/E/S Estimates, analysts on average are expecting the Company to report revenue of EUR 2,016.63 million and EBIT of EUR 150.04 million for the fiscal year 2012.
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