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Amer Sports Oyj (AMEAS.HE)

AMEAS.HE on Helsinki Stock Exchange

28.08EUR
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Latest Key Developments (Source: Significant Developments)

Amer Sports Q2 EBIT Ex-Items At Loss Of EUR 25.5 Million, Below Expectations
Thursday, 26 Jul 2018 06:00am EDT 

July 26 (Reuters) - AMER SPORTS OYJ ::Q2 NET SALES EUR 483 MILLION (REUTERS POLL: EUR 482 MILLION).OUTLOOK FOR 2018 UNCHANGED..PEAK PERFORMANCE ACQUISITION WILL FURTHER CONTRIBUTE TO PROFIT AND GROWTH AS OF Q3..Q2 EBIT EX-ITEMS LOSS EUR 25.5 MILLION (REUTERS POLL: LOSS EUR 21.2 MILLION).SAYS FOR H2 2018, OUR INITIATIVE PIPELINE IS ROBUST.SAYS WE EXPECT STRONG GROWTH IN ARC'TERYX, WINTER SPORTS EQUIPMENT, SPORTS INSTRUMENTS, AND FITNESS.  Full Article

Amer Sports Q4 EBIT Above Expectations At EUR ‍85.9​ Million
Thursday, 8 Feb 2018 06:02am EST 

Feb 8 (Reuters) - AMER SPORTS OYJ ::REG-AMER SPORTS CORPORATION FINANCIAL STATEMENTS BULLETIN 2017: STRONG Q4 FINISHING ANOTHER RECORD YEAR WITH BROAD-BASED IMPROVEMENT.Q4 EBIT EUR ‍85.9​ MILLION (REUTERS POLL: EUR 84.7 MILLION).Q4 NET SALES EUR 803.1 MILLION (REUTERS POLL: EUR 791 MILLION).‍IS PROPOSING A CAPITAL REPAYMENT OF EUR 0.70 PER SHARE (0.62)​.IN 2018, NET SALES IN LOCAL CURRENCIES AS WELL AS EBIT EXCLUDING. IAC ARE EXPECTED TO INCREASE FROM 2017.  Full Article

Amer Sports: US Tax Rate Reduction To Have A Positive Impact On Effective Tax Rate
Wednesday, 27 Dec 2017 04:30am EST 

Dec 27 (Reuters) - Amer Sports Oyj ::ESTIMATES THAT US FEDERAL TAX RATE REDUCTION WILL HAVE A POSITIVE IMPACT ON GROUP EFFECTIVE TAX RATE.WILL HAVE A POSITIVE IMPACT ON GROUP'S EFFECTIVE TAX RATE AND CASH TAXES FROM 2018 ONWARDS.VALUE OF COMPANY'S NET DEFERRED TAX ASSETS IS EXPECTED TO BE REDUCED BY ABOUT USD 13 MILLION DUE TO FEDERAL TAX RATE CHANGE.REDUCTION WILL BE RECORDED AS A WRITE-DOWN OF DEFERRED TAX ASSETS IN INCOME TAX LINE IN 2017 FINANCIAL STATEMENTS.  Full Article

Amer Sports signs EUR 200 mln amendment and restatement agreement
Tuesday, 21 Nov 2017 10:00am EST 

Nov 21 (Reuters) - AMER SPORTS OYJ ::‍AMER SPORTS SIGNED A EUR 200 MILLION AMENDMENT AND RESTATEMENT AGREEMENT TO 2014 REVOLVING CREDIT FACILITY​.‍FACILITY OF EUR 200 MILLION REPLACING PREVIOUS RCF IS MEANT FOR GENERAL CORPORATE PURPOSES​.‍FACILITY HAS AN EXTENSION OPTION OF 1+1 YEARS​.‍COORDINATORS FOR TRANSACTION WERE OP CORPORATE BANK PLC AND CITIGROUP GLOBAL MARKETS LIMITED.​.  Full Article

Amer Sports to start repurchases of own shares
Thursday, 26 Oct 2017 07:00am EDT 

Oct 26 (Reuters) - AMER SPORTS OYJ ::REG-AMER SPORTS TO START REPURCHASES OF OWN SHARES.‍REPURCHASES WILL START AT EARLIEST ON OCTOBER 30, 2017 AND END ON MARCH 7, 2018 AT LATEST​.‍REPURCHASE AUTHORIZATION IS TO A MAXIMUM OF 10,000,000 OF COMPANY'S OWN SHARES.​.  Full Article

Amer Sports Q3 EBIT at EUR 74.7 mln
Thursday, 26 Oct 2017 06:00am EDT 

Oct 26 (Reuters) - AMER SPORTS OYJ ::2017 ‍NET SALES IN LOCAL CURRENCIES ARE EXPECTED TO INCREASE FROM 2016​.2017 ‍EBIT EXCLUDING. IAC IS EXPECTED TO BE APPROXIMATELY AT LEVEL OF 2016.​.Q3 NET SALES EUR ‍733.2​ MILLION (REUTERS POLL: EUR 767 MILLION).‍GROWTH IN 2017 IS EXPECTED TO BE BIASED TO SECOND HALF OF YEAR.​.‍OUTLOOK FOR 2017 UNCHANGED.​.Q3 EBIT EUR ‍74.7​ MILLION (REUTERS POLL: EUR 106 MILLION).  Full Article

Amer Sports updates its 2020 growth target
Wednesday, 30 Aug 2017 06:09am EDT 

Aug 30 (Reuters) - AMER SPORTS OYJ :REG-AMER SPORTS UPDATES ITS 2020 GROWTH TARGET, PRIORITIZING SUSTAINABLE PROFITABLE GROWTH.2017 OUTLOOK MAINTAINED.COMPANY TARGETS ANNUAL MID-SINGLE DIGIT ORGANIC, CURRENCY-NEUTRAL GROWTH INSTEAD OF PREVIOUS TARGET OF EUR 3.5 BILLION BY 2020.  Full Article

Amer Sports Q2 adjusted EBIT loss EUR 24.8 million, bigger than expected
Thursday, 27 Jul 2017 06:00am EDT 

July 27 (Reuters) - Amer Sports Oyj :Q2 NET SALES EUR ‍487.3​ MILLION (REUTERS POLL: EUR 499 MILLION).2017 NET SALES IN LOCAL CURRENCIES ARE EXPECTED TO INCREASE FROM 2016, DESPITE SHORT-TERM MARKET SOFTNESS.2017 EBIT EXCLUDING. IAC IS EXPECTED TO BE APPROXIMATELY AT LEVEL OF 2016.Q2 ADJUSTED. EBIT LOSS EUR ‍24.8​ MILLION (REUTERS POLL: LOSS EUR 13.6 MILLION).  Full Article

Amer Sports Q1 adjusted EBIT EUR 38.2 mln, slightly below expectations
Thursday, 27 Apr 2017 06:00am EDT 

April 27 (Reuters) - AMER SPORTS OYJ :Q1 NET SALES EUR 661.6 MILLION (REUTERS POLL: EUR 652 MILLION).Q1 ADJUSTED. EBIT EUR 38.2 MILLION (REUTERS POLL: EUR 39.0 MILLION).NET SALES IN LOCAL CURRENCIES EXPECTED TO INCREASE FROM 2016, DESPITE SHORT-TERM MARKET SOFTNESS.SAYS DID NOT DELIVER TARGET PERFORMANCE IN SPORTS INSTRUMENTS AND CYCLING.2017 EBIT EXCLUDING. IAC IS EXPECTED TO BE APPROXIMATELY AT LEVEL OF 2016..GROWTH IN 2017 IS EXPECTED TO BE BIASED TO SECOND HALF OF YEAR..CEO SAYS COMPANY CONTINUED TO ACCELERATE IN APPAREL, OWN RETAIL, E-COMMERCE, AND CHINA.CEO SAYS IT MADE STRONG PROGRESS IN WINTER SPORTS EQUIPMENT, AND STARTED TO REBOUND IN FITNESS.CCEO SAYS COMPANY CONTINUED TO GAIN MARKET SHARES IN SEVERAL CATEGORIES, MOST NOTABLY PERFORMANCE TENNIS.  Full Article

Amer Sports appoints Bruno Sälzer as new Chairman
Thursday, 9 Mar 2017 10:55am EST 

Amer Sports Oyj :Board of directors appointed Bruno Sälzer as new Chairman.  Full Article

Deals of the day-Mergers and acquisitions

April 30 The following bids, mergers, acquisitions and disposals were reported by 2010 GMT on Monday: