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Amer Sports buys out Salomon from Adidas

26 Jul '05

4 min read

Headquartered in Annecy, France, in 2004 Salomon posted sales of € 653 million, achieved an operating profit of € 9 million (after a restructuring charge of € 19 million) and employed 2,769 people.

The Salomon family of brands consists of Salomon (winter sports including skis, snowboards, ski boots and bindings and summer sports including inline skating, hiking footwear and apparel), Mavic (bicycle components), Bonfire (snowboard apparel), Arc'Teryx (technical outdoor wear) and Cliché (skateboards as well as footwear and apparel).

Amer Sports is one of the world's leading sports equipment companies with internationally recognized brands including Wilson, Atomic, Suunto and Precor. All Amer Sports companies develop and manufacture technically advanced products that improve the performance of active sports participants.

The Group's business is balanced by its broad portfolio of sports and presence in all major markets. In 2004 the Company reported, under IFRS, earnings before interest and taxes of EUR 100.5 million on net sales of EUR 1,035.9 million. Earnings per share from continuing operations were EUR 0.96. At the end of 2004 the Company had 4,066 employees.

adidas-Salomon AG

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