LONG-TERM FINANCIAL TARGETS TOWARD 2020

  • Net sales: mid-single digit organic, currency-neutral annual growth
  • Profit: Annual EBIT growth (excl. items affecting comparability*) ahead of net sales growth
  • Cash flow conversion: Free cash flow / net profit at least 80
  • Net debt / EBITDA: Year-end net debt / EBITDA ratio max 3x

*As of Q1 2016, Amer Sports relabels the previously referenced “excluding non-recurring items” with “excluding items affecting comparability” (IAC).