STOCK EXCHANGE RELEASE
June 17, 2009 at 11:30 am
Amer Sports full-year outlook is clouded by the uncertainty in consumer demand in general. Pre-orders in winter sports equipment for the next season are at last year's level, reflecting market share gains on the important European market.
In Amer Sports other businesses, profitability in 2009 is affected by the challenging market conditions. This is particularly the case in the US and for the Fitness segment. Unless market conditions start to improve materially during the rest of the year, Amer Sports' current view is that the operating profit for the full-year 2009 will be below last year's level. (In February Amer Sports anticipated its results to improve thanks to a better cost efficiency in the Winter Sports Equipment business in particular)
Amer Sports publishes its Q2 results on 6 August 2009.
For further information, please contact:
Mr Tommy Ilmoni, Vice President, IR and Corporate Communications, tel. +358 9 7257 8233
AMER SPORTS CORPORATION
Communications
Ms Maarit Mikkonen
Communications Manager
Tel. +358 9 7257 8306, e-mail: maarit.mikkonen@amersports.com
DISTRIBUTION:
NASDAQ OMX
Major media
AMER SPORTS CORPORATION
Amer Sports (www.amersports.com) is the world's leading sports equipment company with internationally recognized brands including Salomon, Wilson, Precor, Atomic, Suunto, Mavic and Arc'teryx. All Amer Sports companies develop and manufacture technically advanced products that improve the performance of active sports participants. The Group's business is balanced by its broad portfolio of sports and presence in all major markets.
