On Holding AG - Ordinary Shares Class A

NYSE:ONON   3:59:53 PM EDT
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Other Pre-Announcement

On Holding AG Qtrly Net Loss Per Diluted Class A Share CHF 0.60

Published: 03/18/2022 10:21 GMT
On Holding AG - Ordinary Shares Class A (ONON) - Qtrly Net Sales Up 53.7% to Chf 191.1 Million; Qtrly Net Loss per Diluted Class A Share Chf 0.60.
Updating Guidance for Full Fiscal Year 2022, Now Expects Net Sales of at Least Chf 990 Million.
FY2022 Revenue View Chf 979.0 Million -- Refinitiv Ibes Data (analyst estimates).
Sees Full Fiscal Year 2022 Adjusted EBITDA of Chf 130.0 Million, Adjusted EBITDA Margin of 13.1%.
Production Capacity in Vietnam Has Been Back at 100% of Pre - Lockdown Commitments Since Dec 2021.
Still Expect a Headwind to Our Gross Margins of About 700-800 Basis Points in H1 of 2022.
Further Company Coverage: .