On Running Triples Net Profit in 2024 Exceeding $2.6 Billion USD in Sales
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4 Articles
The company On was again able to increase sales and profit strongly. Also thanks to tennis legend Roger Federer.
On Running Triples Net Profit in 2024 Exceeding $2.6 Billion USD in Sales
In its latest report, On Holding AG (parent to On Running) revealed that it made roughly $2.6 billion USD in sales in the 2024 fiscal year, tripling its net profit from the previous year. According to analysis from Fashion United, the strong results exceeded last year’s original targets, prompting the Swiss company to shoot for even bigger numbers in the coming year. In November 2024, Swiss athletic brand On Running increased its forecast for 20…
Federer-Backed On Brand Projects 2025 Revenue Up 27% to $3.3B
Swiss-based sportswear firm On Holdings reported fourth-quarter financial results Tuesday morning that beat analyst expectations for both revenue and earnings. The stock finished Tuesday’s trading at $50.66 a share, up 5.87% on the day. Revenue for the three months was CHF 607 million ($679 million, based on current exchange rates), up 36% versus the prior-year […]
On has implemented more than two billion Swiss francs for the first time in 2024. In the coming years, it is expected to be much more. The Zurich running shoe specialist is also investing in advertising with world stars such as Roger Federer and Zendaya.
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