On Holding Surges 4% as Q4 Earnings and Revenue Be…
From Financial Modeling Prep: 2025-03-04 11:35:00
On Holding AG (NYSE:ONON) shares surged over 4% following Q4 earnings beating analyst forecasts. The Swiss brand reported EPS of CHF 0.27, above the expected CHF 0.18, with revenue hitting CHF 606.6 million, surpassing the projected CHF 594.5 million. Adjusted EBITDA rose 38% to CHF 99.4 million, with a gross margin of 62.1%.
Co-CEO and CFO Martin Hoffmann praised On’s achievements, surpassing CHF 2.3 billion in net sales and maintaining nearly CHF 1 billion in cash. The company plans to strengthen its premium brand with new product launches and enhanced customer experiences. 2025 revenue is projected at CHF 2.94 billion, targeting a constant currency net sales growth rate of at least 27%.
On Holding AG (NYSE:ONON) continues its growth trajectory, aiming for an adjusted EBITDA margin of 17% to 17.5% in 2025, aligning with expectations. The company anticipates exceeding an 18% margin by 2026, demonstrating confidence in sustained growth. With a strong financial performance and strategic plans, On remains optimistic about its future prospects.
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