Amer Sports still focused on organic growth desp - sportstextiles: Lea SportsTextiles

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Amer Sports still focused on organic growth despite Chinese bid

20/09/2018
Amer Sports, which is the subject of a take-over attempt by Chinese investors, including sports group Anta, recently held an investors’ event in Helsinki.

Chief executive, Heikki Takala, said the group’s current strategy “is working” and that its organic growth drivers remain “largely unchanged” but explained that Amer will aim to place more emphasis on faster growth and higher profitability.

Mr Takala mentioned softgoods, direct-to-consumer, and the markets in China and the US as examples of areas of the business that can deliver those benefits.


Related stories:

Amer Sports explores sale of Mavic cycling brand 15/03/2019
Another year of strong growth for Anta Sports 26/02/2019
Anta shareholders approve Amer acquisition 22/02/2019
Amer directors cleared to sell their shares to Anta-led consortium 24/01/2019
Anta-led consortium makes offer for Amer Sports 07/12/2018
Lululemon founder could take stake in Amer Sports 05/12/2018

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