Amer Sports Corporation Interim Report January-March 2017
(WorldNews Finland)

Amer Sports Corporation INTERIM REPORT April 27, 2017 at 1:00 p.m. Amer Sports Corporation Interim Report January-March 2017 JANUARY-MARCH 2017 Net sales EUR 661.6 million (January-March 2016: 635.5), up by 4%. In local currencies, net sales increased by 2%. Gross margin 45.3% (47.4). The decline was due to less favorable USD hedges compared to early 2016. EBIT excluding items affecting comparability (IAC) EUR 38.2 million (46.0). Items affecting comparability were EUR -6.7 million (-6.3). Earnings per share excluding IAC EUR 0.21 (0.24). Free cash flow after investing activities EUR 53.9 million (32.8). Outlook for 2017 updated. OUTLOOK FOR 2017 In 2017, Amer Sports` net sales in local...