Amer Sports Raises 2025 Projections on Strong Performance from Salomon and Arc’teryx

Amer Sports forecasts revenue growth for the third quarter of between 20% and 30%, while previous forecasts were for 20% growth. The Finnish company says results will be driven largely by its Salomon and Arc’teryx brands.

Amer Sports CEO James Zheng pointed to “very strong results in the third quarter, led by continued growth at Salomon and a reacceleration at Arc’teryx”. CFO Andrew Page said the company expects “great results in the long term.

Amer Sports has 13,400 employees worldwide and operates in 42 countries, although its products are sold in more than a hundred. With offices in Helsinki, Munich, Krakow, New York and Shanghai and its shares listed on the New York Stock Exchange, the company generated revenues of US$5.2 billion last year.

Amer Sports expects to post a record annual result, with increases of 30% in the first six months of the year

In August, the company, which also owns Wilson and Atomic, already indicated that it expected to post a record fiscal year, shooting up both its sales and net income, which has multiplied in the first six months of 2025 compared to the same period last year. In the first half of 2024, it earned $5.1 million, while this year it has reached $160.5 million.

Although the company does not break down its turnover by each of the brands in its portfolio, it did post its highest growth of 29% in the outdoor segment in the first half, with Salomon leading the way with sales of 916.1 million dollars. Technical apparel, with a 26% increase in sales, reached $1.17 billion.

The group maintained the Americas, albeit narrowly, as its main market, where it posted sales of $860.1 million, 9% more than in the same period a year ago. In Europe, Africa and the Middle East, meanwhile, the increase was 15%, with sales of $593.8 million.

In addition, Amer Sports recently announced the departure of Wilson CEO Joe Dudy, who will be replaced by group-wide CFO Andrew Page on an interim basis.