Financial

On Holding’s Q3 results impacted by currency effects

By 2024-11-13T05:06:00

on running start

On failed to meet expectations for its quarterly earnings due to a 42.6 million Swiss franc (€45.4m) currency fluctuation impacting results. Still, the Swiss group posted another blockbuster sales period and increased its revenue and gross margin guidance for the year.

The running brand’s operating income rose by 26 percent to €77.4m on 32 percent revenue growth to €677.5m. 

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