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Reuters
Published
Oct 30, 2011
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Winter sports goods lift Amer Sports in Q3

By
Reuters
Published
Oct 30, 2011

Amer Sports reported a strong jump in third-quarter profit, helped by strong sales of winter sports equipment and clothing.

Amer Sports
Photo: Amer Sports

Third-quarter net sales rose 20 percent to 559 million euros ($773 mln), while operating profit rose 33 percent to 74 million, the company said.

Amer Sports' brands include Salomon ski equipment. It also sells Wilson tennis rackets, but the company said its racquet business was hurt by a soft tennis market.

($1 = 0.724 Euros)

(Reporting by Helsinki newsroom; Editing by Jon Loades-carter)

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