Lianshang News: On August 20, sports and outdoor brand group Amer Sports released its first half 2024 results and second quarter 2024 financial report.
In the first half of the year, the company achieved revenue of US$2.177 billion, a year-on-year increase of 14.14%; profit was US$5.1 million, reversing the loss from the previous year, which was US$-0.78 billion in the same period last year; adjusted EBITDA in the first half of the year was US$263 million, a year-on-year increase of 7.3%.
Second-quarter revenue reached $994 million, a year-on-year indonesia phone number sample increase of 16%, exceeding the previous expectation of 10%; second-quarter net loss was $1.8 million, a year-on-year decrease of 98%; second-quarter adjusted EBITDA was $81 million, a year-on-year increase of 28.6%.
In terms of regional revenue, revenue in China and Asia Pacific continued to grow rapidly in the second quarter. Among them, China's revenue was second only to the Americas, with revenue of US$289 million in the second quarter, a year-on-year increase of 54%. Looking at the overall data for the first half of the year, China's revenue was US$599 million, a year-on-year increase of 52%.
As a global iconic sports and outdoor brand group, Amer Sports has been acquired by an investment consortium led by Anta Group since 2019 and went public in the United States in early February this year with revenue of US$4.4 billion in 2023.
It is reported that Amer Sports has more than 11,400 employees worldwide, with business in more than 40 countries and regions, and products sold in more than 100 countries and regions. It is mainly divided into three business segments: technical apparel, outdoor performance and ball sports. High-end outdoor equipment brand Arc'teryx, French mountain outdoor cross-country brand Salomon, and American tennis equipment brand Wilson are the core brands in the above three market segments.