Soft Equipment Sales Hurt Amer Sports

2009-11-05T00:00:00

Despite continued growth in its relatively small softgoods business, Amer Sports reported a 5 percent drop in sales to €410.6 million for the period ended Sept. 30, accompanied by a 12 percent decline in net income to €28.8 million. The gross margin dropped by 1.3 percentage points to 41.7 percent.

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