July 2, 2009 at 10:45 am

 

Pursuant of the Finnish Securities Market Act (Section 2:9), Amer Sports Corporation has been notified today that Novator Finland Oy has sold its entire holding of shares in the company. Prior to the sale of shares, Novator Finland Oy held 20.11% of the shares and voting rights in Amer Sports Corporation.

 

Amer Sports Corporation capital consists of 73,045,551 shares in issue.

 

Mr Tommy Ilmoni, Vice President, IR and Corporate Communications, tel. +358 9 7257 8233

 

AMER SPORTS CORPORATION

Communications

 

 

DISTRIBUTION:

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Major media

 

AMER SPORTS CORPORATION

Amer Sports (www.amersports.com) is the world's leading sports equipment company with internationally recognized brands including Salomon, Wilson, Precor, Atomic, Suunto, Mavic and Arc'teryx. 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.

 

 

June 17, 2009 at 11:30 am

 

Amer Sports full-year outlook is clouded by the uncertainty in consumer demand in general. Pre-orders in winter sports equipment for the next season are at last year's level, reflecting market share gains on the important European market.

 

In Amer Sports other businesses, profitability in 2009 is affected by the challenging market conditions. This is particularly the case in the US and for the Fitness segment. Unless market conditions start to improve materially during the rest of the year, Amer Sports' current view is that the operating profit for the full-year 2009 will be below last year's level. (In February Amer Sports anticipated its results to improve thanks to a better cost efficiency in the Winter Sports Equipment business in particular)

 

Amer Sports publishes its Q2 results on 6 August 2009.

 

Mr Tommy Ilmoni, Vice President, IR and Corporate Communications, tel. +358 9 7257 8233

 

 

AMER SPORTS CORPORATION

Communications

 

Ms Maarit Mikkonen

Communications Manager

Tel. +358 9 7257 8306, e-mail: maarit.mikkonen@amersports.com

 

 

DISTRIBUTION:

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Major media

 

AMER SPORTS CORPORATION

Amer Sports (www.amersports.com) is the world's leading sports equipment company with internationally recognized brands including Salomon, Wilson, Precor, Atomic, Suunto, Mavic and Arc'teryx. 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.

 

 

June 15, 2009 at 11:00 am

 

Amer Sports Corporation is reorganizing its management model by creating one group-wide Amer Sports management team. The purpose of the new Executive Board is to strengthen the development and consistent execution of Amer Sports Corporate strategy across all business areas and regions, driving group integration, common goals and the group's overall performance.

 

The following new members have been appointed to the Executive Board: Jean-Marc Pambet, President of Apparel and Footwear, Bernard Millaud, President of Cycling and Terhi Heikkinen, Senior Vice President Human Resources. Due to the change the Amer Sports Executive Team will cease to exist.

 

Amer Sports Executive Board members are:

Roger Talermo, President and CEO

Pekka Paalanne, Executive Vice President and CFO

Thomas Ehrnrooth, Senior Vice President Sales and Channel Management

Vincent Wauters, Senior Vice President Supply Chain and Information Technology

Terhi Heikkinen, Senior Vice President Human Resources

Chris Considine, President of Ball Sports

Paul Byrne, President of Fitness

Juha Pinomaa, President of Sports Instruments

Michael Schineis, President of Winter Sports Equipment

Jean-Marc Pambet, President of Apparel and Footwear

Bernard Millaud, President of Cycling

 

Mr Tommy Ilmoni, Vice President, Investor Relations and Corporate Communications

tel. +358 9 7257 8233, tommy.ilmoni@amersports.com

 

AMER SPORTS CORPORATION

Communications

 

 

DISTRIBUTION:

NASDAQ OMX Helsinki

Major media

www.amersports.com

 

 

AMER SPORTS CORPORATION

Amer Sports (www.amersports.com) is the world's leading sports equipment company with internationally recognized brands including Salomon, Wilson, Precor, Atomic, Suunto, Mavic and Arc'teryx. 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.

 

 

May 28, 2009 at 8:30 am

 

Amer Sports is hosting today its annual Capital Markets Day. In the presentations at the Capital Markets Day, Amer Sports senior management outlines among others the next phase in the company's integration process.

 

Amer Sports is convinced that it can create substantial efficiency gains by reorganizing and developing its global sales and channel management and by developing its global supply chain and IT platforms. This next step in transforming Amer Sports will result in a better and more unified service to customers and improve the company's strategic agility.

 

All presentations can be downloaded on the Amer Sports website www.amersports.com.

 

Mr Tommy Ilmoni, Vice President, Investor Relations and Corporate Communications

tel. +358 9 7257 8233, tommy.ilmoni@amersports.com

 

AMER SPORTS CORPORATION

Communications

 

 

DISTRIBUTION:

NASDAQ OMX Helsinki

Major media

www.amersports.com

 

 

AMER SPORTS CORPORATION

Amer Sports (www.amersports.com) is the world's leading sports equipment company with internationally recognized brands including Salomon, Wilson, Precor, Atomic, Suunto, Mavic and Arc'teryx. 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.

 

 

April 28, 2009 at 1:10 pm

 

  Amer Sports Q1/09 net sales decreased by 2% to EUR 355.3 million. In local currencies net sales decreased by 7%. Sales in EMEA increased by 2% in local currencies, but contracted by 15% in the Americas and were at last year's level in Asia Pacific.

  EBIT was EUR -6.9 million (0.0). Earnings per share were EUR -0.15 (-0.07). The weakened result reflects challenging market conditions particularly in the USA.

  Amer Sports' full-year outlook is clouded by the uncertainty in consumer demand in general. Visibility will improve during Q2 when the pre-orders in winter sports equipments are collected, but the uncertainty surrounding the Fitness segment's performance will remain high throughout the year. Due to the prevailing uncertainty, Amer Sports has decided to give further guidance after the pre-order season in winter sports equipment is over (Previous outlook: the company's results in 2009 are anticipated to improve.)

 

*) In local currency terms

 

"The sporting goods business entered 2009 under the same cloud of uncertainty that is oppressing almost all consumer businesses. As a result, retailers have become extremely cautious about ordering new products and they have been destocking. Furthermore, besides slower consumer demand in general, consumers have also been moving to lower price points in their attempt to cut spending. The current headwinds in the trading conditions are clearly more obvious in the US than in Europe. In local currencies Amer Sports sales during the first quarter increased by 2% in EMEA but declined by 15% in the Americas: consequently the Group sales fell by 7%.

 

"Our Apparel and Footwear business continued its strong progress by growing 18% during the first quarter in local currencies. However, based on the current order book, we believe the strong growth trend we have seen in this business will not continue during the next couple of quarters. The Winter Sports Equipment business had a good end to the winter season with sales at last year's level. More importantly, however, due to the excellent snow conditions last winter, the sell-through of winter sports equipment was good and it has improved the preconditions for the retailers to make orders for the next season. The sharp sales decline we saw last year in our Fitness business continued during the first quarter, with weakness in both the consumer as well as the commercial business. The weakness reflects both tight credit markets and a 'wait and see' attitude by customers that are concerned by the general economic outlook.

 

"With retailers now generally taking a very cautious stance in ordering anything, the outlook is clearly less predictable than normally. We will continue to work hard on protecting our bottom-line and market positions. Our key priority in 2009 is strengthening the balance sheet and further gain efficiencies."

 

Amer Sports net sales decreased by 2% to EUR 355.3 million (363.0). In local currencies net sales decreased by 7%.

 

Net sales by business segment were as follows: Winter and Outdoor 46% (Winter Sports Equipment 10%), Ball Sports 40% and Fitness 14%. Winter and Outdoor and Ball Sports sales were at last year's level. Net sales of Fitness decreased by 16%. In local currency terms, Winter and Outdoor net sales were at last year's level, Ball Sports decreased by 8% and Fitness decreased by 25%.

 

The split of net sales by geographical segment was as follows: the Americas 46%, EMEA 44% and Asia Pacific 10%. Sales in Asia Pacific increased by 9%, were at last year's level in EMEA and decreased in the Americas by 5%. In local currency terms, net sales increased by 2% in EMEA, were at last year's level in Asia Pacific, and decreased 15% in the Americas.

 

The Group's EBIT was EUR -6.9 million (0.0). The weakened result reflects challenging market conditions particularly in the USA.

 

Earnings before taxes were EUR -14.4 million (-6.9). Earnings per share were EUR -0.15 (-0.07). Net financial expenses amounted to EUR -7.5 million (-6.9).

 

The Group's capital expenditure on fixed assets totaled EUR 8.7 million (6.5). The Group's depreciation was EUR 8.4 million (7.6).

 

EUR 13.9 million (14.6) was invested in research and development, representing 3.9% of net sales.

 

Amer Sports interest bearing liabilities at the end of March were EUR 581.6 million (535.4), consisting of short-term debt of EUR 151.9 million and long-term debt of EUR 429.7 million. Liquid assets amounted to EUR 54.4 million (34.4) at the end of the period. The Group's net debt was EUR 527.2 million (501.0).

 

Amer Sports has a EUR 325 million committed revolving credit facility, maturing in 2011 and 2012, of which EUR 245 million has been used. Furthermore, the company has, as of January 1, 2009, committed revolving credit facilities of EUR 60 million maturing in 2010.

 

In 2007, Amer Sports issued two private placement bonds for Finnish institutional investors. The total amount of the bonds, maturing in 2009 and 2011, is EUR 150 million. Besides the bond maturing in 2011 and committed revolving credit facilities, the long-term debt consists of a USD 100 million term loan as a part of the originally EUR 575 million loan syndicate of 2005, maturing in 2011 and 2012, and a EUR 31.4 million pension loan.

 

Short-term financing is mainly raised with a domestic commercial paper program, of which EUR 70 million had been used at the end of March.

 

In March, Amer Sports Corporation issued a EUR 60 million hybrid bond in order to strengthen the Group's capital structure and to repay existing debt. The coupon rate of the bond is 12.0% per annum. The bond has no maturity but the company may call the bond after three years. Hybrid bond is a bond that is subordinated to the company's other debt obligations and will be treated as equity in the IFRS financial statements. The hybrid bond holding does not confer the right to vote at shareholder meetings and will not dilute the holdings of the current shareholders.

 

The equity ratio at the end of March was 36.9% (31.4%) and gearing was 95% (112%).

 

Net cash flow from operating activities after interest and taxes was EUR 64.1 million (118.1). Net cash flow from investing activities was EUR -9.6 million (-3.9).

 

 

*) In local currency terms

 

In January-March, net sales were at last year's level in local currency terms. The breakdown of net sales was as follows: Apparel and Footwear 50%, Winter Sports Equipment 22%, Cycling 17% and Sports Instruments 11%. EMEA accounted for 70%, the Americas for 21%, and Asia Pacific for 9% of net sales. Sales in local currencies were up 5% in EMEA, down 8% in Asia Pacific, and down 8% in the Americas.

 

The EBIT of EUR -10.9 million improved by 28% versus last year in local currencies. The improvement reflects the lower cost level in the Winter Sports Equipment business and the strong growth in sales of Apparel and Footwear.

 

Half of the segmental sales in the first quarter are related to the Apparel and Footwear business, which delivers the majority of its spring/summer collection during the first three months of the year. The sales grew by 18%, the growth being balanced over Salomon footwear, Salomon apparel and gear as well as Arc'teryx. Weakness in North America was well compensated by success in the Central European markets. The sell-through of the key outdoor and trail running footwear products continues to be strong. The order intake for the fall/winter collection is more cautious than for the spring/summer season. Production commitments are being scaled down to reduce the inventory risks and improve cash flow.

 

The end of the season 2008/09 provided no surprises to the Winter Sports Equipment business, with sales at last year's level. The expense level is clearly lower due to the restructuring, and the industrial synergies will be visible in the 2009/10 product deliveries. The pre-order season is still ongoing, alpine Europe and Scandinavia benefiting from good winter conditions especially in cross-country skiing, while ordering in North America is slow which is impacting especially the snowboard business. The final changes to the new industrial structure were completed during the first quarter.

 

Bicycle component manufacturer Mavic's deliveries to OEM manufacturers were sharply lower in the first quarter, as the whole supply chain reduced its inventories anticipating softer markets. Mavic also had capacity constrains in high end wheels due to the recall of R-SYS front wheels announced in January 2009. The net sales were thus 21% lower than last year in local currencies. This is the first year with Mavic-branded apparel and gear in the markets, and their sales are progressing according to expectations.

 

Net sales of Sports Instruments were 16% below last year's level in local currencies. The decline in net sales reflects the economic environment, with especially the diving market being affected. On the other hand, in the training category consumer demand was good and saw double-digit growth compared to the previous year. A large cost savings program has been initiated to protect Suunto's profitability.

 

*) In local currency terms

 

In January-March Ball Sports' net sales of EUR 142.9 million declined by 8% in local currencies. The breakdown of net sales was as follows: Racquet Sports 45%, Team Sports 41% and Golf 14%. Of the net sales, the Americas generated 64%, EMEA 24% and Asia Pacific 12%. On a currency neutral basis, Asia Pacific grew by 12% and EMEA and the Americas declined by 3% and 13%, respectively.

 

The EBIT of EUR 11.5 million is 8% of net sales. The EBIT declined by 33% versus last year in local currency terms by volume declines and margin pressures. The margin challenges are driven by a combination of economic pressures and change in sales mix.

 

In local currencies, the Racquet Sports division declined by 4%. In a local currencies Asia Pacific grew by 13%, EMEA was at last year's level and the Americas declined by 12%. The growth in Asia Pacific is driven by the expanded distribution in China and a strengthening position in the badminton category. The decline in the Americas is primarily driven by the United States where net sales are adversely impacted by the economic recession. In the United States, retailers continue to remain cautious and consumers are seeking value trading down to lower price points.

 

In local currencies, Team Sports declined by 9%. Asia Pacific grew by 47% in local currencies. The EMEA and Americas declined by 6% and 10%, respectively. 85% of the Team Sports business is conducted in the United States. Therefore, the overall net sales for Team Sports are being heavily impacted by the economic recession. In the United States, the discount retailers continue to perform well and the higher priced premium segments are experiencing declines.

 

The Golf segment saw a 17% decline versus the previous year in local currencies. The net sales declines by region are Americas 26%, Asia Pacific 16% and EMEA 7%. Market research shows the Golf industry has declined more than other sport categories as a result of the economic recession and the higher cost of participation. Manufacturers are focused on providing value to the consumer at lower price points. 

 

*) In local currency terms

 

In January-March, Fitness' net sales declined by 25% in local currencies to EUR 48.0 million. The Americas accounted for 77%, EMEA for 16%, and Asia Pacific for 7% of net sales. In local currency terms, sales were down 12% in EMEA, 27% in Asia Pacific and 27% in the Americas.

 

EBIT decreased to EUR -3.4 million (3.7) due to the significant fall in sales and lower gross margins resulting from a lower capacity utilization rate and pricing pressure. Precor will continue to focus on cost savings to return to profitability.

 

The market situation is unchanged since the previous quarter of last year with the general economic climate being the largest performance driver.

 

Consumer products sales were impacted by significant lower consumer spending due to the uncertain economic environment. Consumer sales were affected by both the overall withdrawal from discretionary spending by many families and by a significant reduction in the number of specialty dealers compared to the prior year.

 

Demand for commercial equipment for both North America and EMEA were impacted as customers are deferring purchase decisions in the light of the financial uncertainty. Availability of credit and financing (i.e. leasing) are also having an impact particularly in Europe. The distribution lost due to the bankruptcy of two major dealers has not yet been replaced. The commercial business decline is driven by tight credit markets which are making it more difficult for small customers to lease equipment and by a "wait and see" attitude of other customers that are concerned about the general economic outlook. Additionally, many customers are putting new projects on hold which is restricting the business to replacement sales rather than the new facility sales that have driven the industry in the last few years.

 

At the end of March, the Group employed 6,293 people (6,351). The Group employed an average of 6,272 people (6,319) during the review period.

 

 

 

At the end of March Amer Sports had 12,385 registered shareholders (12,300). Nominee registered represented 41.7% (45.0%) of the shares.

 

During the period, a total of 13.6 million Amer Sports shares were traded on the NASDAQ OMX Helsinki to a total value of EUR 77.5 million. The share turnover was 18.8% (of the average number of shares excluding own shares).

 

At the close of the review period, the last trade in Amer Sports Corporation shares was EUR 4.99. The high for the period on the NASDAQ OMX Helsinki was EUR 6.66 and the low EUR 4.69. The average share price was EUR 5.68.

 

On March 31, 2009, the company had a market capitalization of EUR 362.8 million excluding own shares. The company has 340,900 own shares. The number of own shares corresponds to 0.5% of all Amer Sports shares.

 

Amer Sports Corporation received information on February 19, 2009 to the effect that Novator Finland Oy has converted all of its NASDAQ OMX forward contracts into direct holdings in shares of Amer Sports Corporation on February 18, 2009. After settlement of the NASDAQ OMX forward contracts concerning 7,000,000 shares in Amer Sports Corporation, Novator Finland Oy then held 14,688,900 shares representing 20.11% of the shares and voting rights in Amer Sports Corporation.

 

Amer Sports Corporation received information on February 19, 2009 to the effect that the Danske Bank A/S Helsinki Branch's share capital and voting rights of Amer Sports fell under 5% (1/20) on February 23, 2009 due to a transaction completed on February 18, 2009. The Danske Bank A/S Helsinki Branch held then 0 shares in Amer Sports Corporation.

 

The stock exchange announcements on major changes in shareholdings can be found on Amer Sports' web pages, www.amersports.com/investors.

 

At the Amer Sports Corporation Annual General Meeting held March 5, 2009, the following resolutions were approved:

 

The Annual General Meeting (AGM) approved Amer Sports Corporation's financial statements and consolidated financial statements for 2008.

 

The AGM resolved to distribute a dividend of EUR 0.16 per share be to paid for the financial year ended December 31, 2008. The dividend was paid to shareholders who were registered on the list of shareholders maintained by Euroclear Finland Ltd (former Finnish Central Securities Depository Ltd) as of Tuesday, March 10, 2009, which was the record date for the dividend payment. The dividend was paid on Tuesday, March 17, 2009.

 

The AGM granted the members of the Board of Directors and the company's President discharge from liability for the financial year 2008.

 

The AGM approved that the remuneration payable to the members of the Board to be elected at the Annual General Meeting for the term until the close of the Annual General Meeting in 2010 be unchanged from the year 2008 as follows: Chairman EUR 80,000, Vice Chairman EUR 50,000, and other members EUR 40,000. No extra remuneration is paid for attending board meetings nor committee meetings. 40% of the annual remuneration is being paid in the form of the company's shares and 60% in cash.

 

The AGM confirmed that the number of Board members is to be seven (7).

 

The AGM re-elected Anssi Vanjoki, Ilkka Brotherus, Pirjo Väliaho, Martin Burkhalter, Christian Fischer and Bruno Sälzer as members of the Board of Directors and appointed Hannu Ryöppönen as a new board member. The Board's term of service will run until the close of the 2010 Annual General Meeting.

 

The AGM decided that the auditor's fee will be paid as invoiced.

 

The AGM elected the Authorized Public Accountant PricewaterhouseCoopers Oy to act as the auditor of the company. The auditor in charge of the audit was elected to be Mr Jouko Malinen, Authorized Public Accountant.

 

The AGM authorized the Board of Directors to decide on issuing new shares on the following terms and conditions:

 

New shares may be issued and the company's own shares held by the company may be conveyed against payment ("Share Issue against Payment") to the company's shareholders in proportion to their current shareholdings in the company. By virtue of the authorization, the Board of Directors is entitled to decide on issuing a maximum of 7,000,000 new shares. The subscription price of the new shares shall be recorded under the invested non-restricted equity fund.The authorization to issue shares is valid until two (2) years from the date of the decision of the Annual General Meeting.

 

At its organizing meeting immediately following the Annual General Meeting, the Board of Directors unanimously appointed Anssi Vanjoki as Chairman and Ilkka Brotherus as Vice Chairman.

 

Pirjo Väliaho (Chairman of the Committee), Anssi Vanjoki, Bruno Sälzer and Christian Fischer were elected as members of the Compensation Committee.

 

Ilkka Brotherus (Chairman of the Committee), Anssi Vanjoki and Martin Burkhalter were elected as members of the Nomination Committee.

 

Hannu Ryöppönen (Chairman of the Committee), Ilkka Brotherus and Martin Burkhalter were elected as members of the Audit Committee.

 

On March 5, 2009, Amer Sports Corporation's shareholder Novator Finland Oy demanded that an Extraordinary General Meeting of Amer Sports Corporation to be convened as soon as possible to elect a new Board of Directors for the company to replace the members of the Board of Directors elected in the Annual General Meeting held on March 5, 2009, and to consider the proposal to insert a new Section 5 in the Articles of Association, Nomination Committee. Novator Finland Oy also proposed that the Extraordinary General Meeting decide upon remuneration of the members of the Nomination Committee in accordance with the new provision of the Articles of Association if its proposal is adopted.

 

On April 7, 2009 Amer Sports Corporation Board of Directors summoned the company's shareholders to the company's Extraordinary General Meeting to be held at 2 pm on Tuesday, April 28, 2009.

 

On April 17, 2009 the Board of Directors of Amer Sports Corporation decided to cancel the Extraordinary General Meeting after receiving notice of Novator Finland Oy's cancellation of its demand for an Extraordinary General Meeting.

 

The documentation and press releases of the General Meetings are available on the company's website www.amersports.com.

 

Amer Sports Corporation's short-term risks are particularly associated with consumer demand in North America and Europe. Further information on the company's business risks and uncertainty factors is available at the company's web site on www.amersports.com/investors.

 

Amer Sports' full-year outlook is clouded by the uncertainty in consumer demand in general. Visibility will improve during Q2 when the pre-orders in winter sports equipments are collected, but the uncertainty surrounding the Fitness segment's performance will remain high throughout the year. Due to the prevailing uncertainty, Amer Sports has decided to give further guidance after the pre-order season in winter sports equipment is over (Previous outlook: the company's results in 2009 are anticipated to improve.)

 

 

 

 

 

The interim report has been prepared in compliance with IAS 34. Accounting policies and the calculation of key figures have been presented in the Group's 2008 Annual Report. The effects of adopting the new IFRS standards and amendments to the Group's financial statements are found in the accounting policies.

 

Unaudited

 

EUR million

 

 

*) 12 months' rolling average

 

The relative proportion of the estimated tax charge for the full financial year has been charged against the result for the period.

 

 

 

 

 

 

 

*) Used committed revolving credit facilities maturing in 2011 and 2012 are presented under long-term interest-bearing liabilities. Comparative information for 2008 has been restated accordingly.

 

 

 

 

 

There are no guarantees of contingencies given for the management of the company, the shareholders or the associated companies.

 

 

 

 

All forecasts and estimates presented in this report are based on the management's current judgment of the economic environment. The actual results may differ significantly.

 

 

Mr Tommy Ilmoni, Vice President, IR and Corporate Communications, tel. +358 9 7257 8233

Mr Pekka Paalanne, Executive Vice President & CFO, tel. +358 9 7257 8212

Mr Roger Talermo, President and CEO, tel. +358 9 7257 8210

 

 

An English-language telephone conference call for investors and analysts will be held on Tuesday, April 28, 2009 at 3:00 pm Finnish time. To participate in the conference call, please call +44 20 3003 2666 (UK/international dial-in number). The conference can also be followed from a direct transmission on the internet, at www.amersports.com. A recorded version will later be available at the same address: replay number +44 (0)208 196 1998 and access code 6801881 #. No press conference will be held at Amer Sports headquarters.

 

- Capital Markets Day on May 27-28

- Q2 on Thursday, August 6

- Q3 on Thursday, October 29

 

 

 

 

Ms Maarit Mikkonen

Communications Manager

Tel. +358 9 7257 8306, e-mail: maarit.mikkonen@amersports.com

 

DISTRIBUTION

NASDAQ OMX Helsinki

Major media

April 20, 2009 at 2:15 pm

 

Departing from the previous notice, Amer Sports Corporation will host a webcast and conference call related to its first quarter results on the same day as the interim report is published on Tuesday, April 28, 2009.

 

1:00 pm: first quarter interim report published

3:00 pm: webcast and conference call

 

To participate in the conference call, please call +44 (0)20 3003 2666 (UK/international dial-in number). The conference can also be followed from a direct transmission on the internet, at www.amersports.com. A recorded version will later be available at the same address: replay number +44 (0)208 196 1998 and access code 6801881 #.

 

Tommy Ilmoni, Amer Sports Corporation, IR and Corporate Communications,

tel. +358 9 7257 8233, tommy.ilmoni@amersports.com

 

AMER SPORTS CORPORATION

Communications

 

 

Ms Maarit Mikkonen

Communications Manager

Tel. +358 9 7257 8306, e-mail: maarit.mikkonen@amersports.com

 

 

DISTRIBUTION:

NASDAQ OMX

Major media

 

 

AMER SPORTS CORPORATION

Amer Sports (www.amersports.com) is the world's leading sports equipment company with internationally recognized brands including Salomon, Wilson, Precor, Atomic, Suunto, Mavic and Arc'teryx. 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.

 

 

April 17, 2009 at 2:00 pm

 

The Board of Directors of Amer Sports Corporation has decided to cancel the Extraordinary General Meeting summoned to be held on April 28, 2009 after receiving notice of Novator Finland Oy's cancellation of its demand for an Extraordinary General Meeting.

 

Novator Finland Oy's demand to convene an Extraordinary General Meeting was published on March 5, 2009 and the invitation to the Extraordinary Meeting on April 7, 2009. The press releases can be found at www.amersports.com.

 

Anssi Vanjoki, Chairman of the Amer Sports Board of Directors, mobile +358 40 500 5792

 

AMER SPORTS CORPORATION

Communications

 

 

DISTRIBUTION:

NASDAQ OMX Helsinki

Major media

www.amersports.com

 

 

AMER SPORTS CORPORATION

Amer Sports (www.amersports.com) is the world's leading sports equipment company with internationally recognized brands including Salomon, Wilson, Precor, Atomic, Suunto, Mavic and Arc'teryx. 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.

 

 

April 8, 2009 at 10:30 am

 

Amer Sports is hosting its annual Capital Markets Day for analysts and portfolio managers on May 27-28, 2009 in Finland. Please register no later than Wednesday, May 20 by sending an email to Ms Susanne Isacsson, Executive Assistant, Investor Relations and Finance, tel. +358 9 7257 8211, susanne.isacsson@amersports.com

 

Wednesday afternoon, May 27, Amer Sports country house, Bökars

- Presentation: trends in the sporting goods market

- Sports activities

 

Thursday, May 28, Amer Sports headquarters, Helsinki

- Amer Sports top management presentations

 

All presentations will be published during the same day on the Amer Sports website www.amersports.com.

 

Please arrange your own hotel accommodation if necessary.

 

Tommy Ilmoni, Vice President, IR and Corporate Communications, Amer Sports Corporation,

tel. +358 9 7257 8233, tommy.ilmoni@amersports.com

 

AMER SPORTS CORPORATION

Communications

 

 

Ms Maarit Mikkonen

Communications Manager

Tel. +358 9 7257 8306, e-mail: maarit.mikkonen@amersports.com

www.amersports.com

 

 

DISTRIBUTION:

NASDAQ OMX Helsinki

Major media

www.amersports.com

 

 

AMER SPORTS CORPORATION

Amer Sports (www.amersports.com) is the world's leading sports equipment company with internationally recognized brands including Salomon, Wilson, Precor, Atomic, Suunto, Mavic and Arc'teryx. 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.

 

 

April 8, 2009 at 10:00 am

 

Amer Sports Corporation will publish its first quarter results on Tuesday, April 28 at 1:00 pm Finnish time. An English-language telephone conference call for investors and analysts will be held the following day, Wednesday at 3:00 pm Finnish time. To participate in the conference call, please call +44 (0)20 3003 2666 (UK/international dial-in number). The conference can also be followed from a direct transmission on the internet, at www.amersports.com.

 

A recorded version will later be available at the same address: replay number +44 (0)208 196 1998 and access code 6801881 #.

 

Tommy Ilmoni, Amer Sports Corporation, IR and Corporate Communications,

tel. +358 9 7257 8233, tommy.ilmoni@amersports.com

 

AMER SPORTS CORPORATION

Communications

 

 

Ms Maarit Mikkonen

Communications Manager

Tel. +358 9 7257 8306, e-mail: maarit.mikkonen@amersports.com

 

 

DISTRIBUTION:

NASDAQ OMX

Major media

 

 

AMER SPORTS CORPORATION

Amer Sports (www.amersports.com) is the world's leading sports equipment company with internationally recognized brands including Salomon, Wilson, Precor, Atomic, Suunto, Mavic and Arc'teryx. 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.

 

 

April 7, 2009 at 8:30 am

 

Amer Sports Corporation shareholders are hereby summoned to the Company's Extraordinary General Meeting to be held at 2 pm on Tuesday, April 28, 2009 at its headquarters at Mäkelänkatu 91, Helsinki, Finland. The reception of persons who have registered for the meeting and the distribution of voting tickets will commence at 1.30 pm.

 

Pursuant to chapter 5, section 4 of the Finnish Companies Act (624/2006), Novator Finland Oy has asked that an Extraordinary General Meeting of Amer Sports Corporation to be convened to consider the following proposals:

 

 

 

 

 

 

 

 

 

New section 5 to be inserted in the Articles of Association, Nomination Committee

 

The company has a Nomination Committee, the duties of which include preparation and presentation to the General Meeting of proposals for the appointment and remuneration of members of the Board of Directors as well as performance review and succession planning of directors. The Nomination Committee comprises of a maximum of five members independent of the company as well as the Chairman of the Board of Directors as a non-voting expert member. Each of the five largest shareholders in accordance with the shareholder list drawn up for the last annual general meeting has the right to appoint a member of the Nomination Committee, provided that such shareholder is a shareholder when convening the Nomination Committee. Should a shareholder choose not to use his right to appoint or should a shareholder cease to be a shareholder, the right to appoint is transferred to the next largest shareholder. The member appointed by the largest shareholder shall convene the Nomination Committee and the Committee elects a chairman from among its members. The remuneration of the members of the Nomination Committee shall be resolved by the General Meeting annually.

 

If the proposal is adopted, current sections 5-12 should be renumbered accordingly.

 

 

 

 

Shareholders, who are registered on the list of the Company's shareholders maintained by Euroclear Finland Ltd on Friday, April 17, 2009 are entitled to attend the Extraordinary General Meeting. A shareholder, whose shares have been recorded in his/her personal book-entry account, is also entered in the Company's Shareholder Register.

 

Shareholders wishing to attend the meeting must notify the Company of their intention to participate no later than 4 pm on Thursday, April 23, 2009.

 

Notification of participation can be made via the following ways:

 

by email, to amersports@yhteyspalvelut.elisa.fi, by telephone (+358 9 7257 8320); or by sending a letter to Amer Sports Corporation, Share Register, P.O. Box 130, FI-00601 Helsinki.

 

The notification of participation must arrive within the registration period.

 

The personal data given to Amer Sports Corporation is used only in connection with the General Meeting and with the processing of related registration.

 

A shareholder may participate in the Extraordinary General Meeting and exercise his/her rights at the meeting by way of proxy representation.

 

A proxy representative shall produce a dated proxy document or otherwise in a reliable manner demonstrate his/her right to represent the shareholder at the Extraordinary General Meeting.

 

Possible proxy documents should be delivered in originals to the above mentioned Amer Sports Corporation -address before the last date for registration.

 

A shareholder holding nominee registered shares and wishing to attend the EGM, must be entered into the shareholders' register of the company on the record date of Friday, April 17, 2009.

 

A holder of nominee registered shares is advised to request necessary instructions regarding the registration in the shareholder's register of the company, the issuing of proxy documents and registration for the EGM, from his/her custodian bank.

 

On the date of this notice to the EGM i.e. April 7, 2009, the total number of shares and votes in Amer Sports Corporation was 73,045,551.

 

Helsinki, March 20, 2009

 

AMER SPORTS CORPORATION

Board of Directors

 

 

AMER SPORTS CORPORATION

Communications

 

 

Ms Maarit Mikkonen

Communications Manager

Tel. +358 9 7257 8306, e-mail: maarit.mikkonen@amersports.com

 

 

DISTRIBUTION:

NASDAQ OMX Helsinki

Major media

 

 

AMER SPORTS CORPORATION

Amer Sports (www.amersports.com) is the world's leading sports equipment company with internationally recognized brands including Salomon, Wilson, Precor, Atomic, Suunto, Mavic and Arc'teryx. 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.

 

March 20, 2009 at 2:15 pm

 

The Board of Directors of Amer Sports Corporation has decided to hold an Extraordinary General Meeting on Tuesday, April 28, 2009 at 2:00 pm at its headquarters (Mäkelänkatu 91, Helsinki, Finland). Invitation to the meeting will be published on Tuesday, April 7, 2009.

 

Amer Sports Corporation's shareholder Novator Finland Oy's demand to convene an Extraordinary General Meeting was published on March 5, 2009. The press release can be found at www.amersports.com.

 

Tommy Ilmoni, Vice President, IR and Corporate Communications, tel. +358 9 7257 8233

 

 

AMER SPORTS CORPORATION

Communications

 

 

Ms Maarit Mikkonen

Communications Manager

Tel. +358 9 7257 8306, e-mail: maarit.mikkonen@amersports.com

www.amersports.com

 

 

DISTRIBUTION:

NASDAQ OMX Helsinki

Major media

www.amersports.com

 

 

AMER SPORTS CORPORATION

Amer Sports (www.amersports.com) is the world's leading sports equipment company with internationally recognized brands including Salomon, Wilson, Precor, Atomic, Suunto, Mavic and Arc'teryx. 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.

 

 

March 5, 2009 at 5:50 pm

 

Novator Finland Oy owns and holds directly 14,688,900 shares representing 20.11% of total shares and votes of Amer Sports Corporation. In accordance with chapter 5, section 4 of the Finnish Companies Act (624/2006), Novator Finland Oy demands that an Extraordinary General Meeting of Amer Sports Corporation to be convened as soon as possible:

 

 

 

New section 5 to be inserted in the Articles of Association, Nomination Committee

 

The company has a Nomination Committee, the duties of which include preparation and presentation to the General Meeting of proposals for the appointment and remuneration of members of the Board of Directors as well as performance review and succession planning of directors. The Nomination Committee comprises of a maximum of five members independent of the company as well as the Chairman of the Board of Directors as a non-voting expert member. Each of the five largest shareholders in accordance with the shareholder list drawn up for the last annual general meeting has the right to appoint a member of the Nomination Committee, provided that such shareholder is a shareholder when convening the Nomination Committee. Should a shareholder choose not to use his right to appoint or should a shareholder cease to be a shareholder, the right to appoint is transferred to the next largest shareholder. The member appointed by the largest shareholder shall convene the Nomination Committee and the Committee elects a chairman from among its members. The remuneration of the members of the Nomination Committee shall be resolved by the General Meeting annually.

 

If the proposal is adopted, current sections 5-12 should be renumbered accordingly.

 

Novator Finland Oy also proposes that the Extraordinary General Meeting decide upon remuneration of the members of the Nomination Committee in accordance with the new provision of the Articles of Association if its proposal is adopted.

 

AMER SPORTS CORPORATION

Communications

 

 

Ms Maarit Mikkonen

Communications Manager

Tel. +358 9 7257 8306, e-mail: maarit.mikkonen@amersports.com

 

DISTRIBUTION:

NASDAQ OMX Helsinki

Major media

 

 

AMER SPORTS CORPORATION

Amer Sports (www.amersports.com) is the world's leading sports equipment company with internationally recognized brands including Salomon, Wilson, Precor, Atomic, Suunto, Mavic and Arc'teryx. 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.

 

March 5, 2009 at 4:50 pm

 

At its organizing meeting immediately following the Annual General Meeting, the Board of Directors unanimously appointed Anssi Vanjoki as Chairman and Ilkka Brotherus as Vice Chairman.

 

 

Pirjo Väliaho (Chairman of the Committee), Anssi Vanjoki, Bruno Sälzer and Christian Fischer were elected as members of the Compensation Committee.

 

Ilkka Brotherus (Chairman of the Committee), Anssi Vanjoki and Martin Burkhalter were elected as members of the Nomination Committee.

 

Hannu Ryöppönen (Chairman of the Committee), Ilkka Brotherus and Martin Burkhalter were elected as members of the Audit Committee.

 

AMER SPORTS CORPORATION

Communications

 

 

Ms Maarit Mikkonen

Communications Manager

Tel. +358 9 7257 8306, e-mail: maarit.mikkonen@amersports.com

 

DISTRIBUTION:

NASDAQ OMX Helsinki

Major media

 

 

AMER SPORTS CORPORATION

Amer Sports (www.amersports.com) is the world's leading sports equipment company with internationally recognized brands including Salomon, Wilson, Precor, Atomic, Suunto, Mavic and Arc'teryx. 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.

 

March 5, 2009 at 4:15 pm

 

At the Amer Sports Corporation Annual General Meeting held earlier today, the following resolutions were approved:

 

The Annual General Meeting (AGM) approved Amer Sports Corporation's financial statements and consolidated financial statements for 2008.

 

The AGM resolved to distribute a dividend of EUR 0.16 per share be paid for the financial year ended December 31, 2008. The dividend will be paid to shareholders who are registered on the list of shareholders maintained by Euroclear Finland Ltd (former Finnish Central Securities Depository Ltd) as of Tuesday, March 10, 2009, which is the record date for the dividend payment. The dividend will be paid on Tuesday, March 17, 2009.

 

The AGM granted the members of the Board of Directors and the Company's President discharge from liability for the financial year 2007.

 

The AGM approved that the remuneration payable to the members of the Board to be elected at the Annual General Meeting for the term until the close of the Annual General Meeting in 2010 be unchanged from year 2008 as follows: Chairman EUR 80,000, Vice Chairman EUR 50,000, and other members EUR 40,000. No extra remuneration is paid from attending board meetings nor committee meetings. 40% of the annual remuneration is being paid in the form of the company's shares and 60% in cash.

 

The AGM confirmed that the number of Board members is to be seven (7).

 

The AGM re-elected Anssi Vanjoki, Ilkka Brotherus, Pirjo Väliaho, Martin Burkhalter, Christian Fischer and Bruno Sälzer as members of the Board of Directors and appointed Hannu Ryöppönen as a new board member. The Board's term of service will run until the close of the 2010 Annual General Meeting.

 

The AGM decided that the auditor's fee will be paid as invoiced.

 

The AGM elected the Authorized Public Accountant PricewaterhouseCoopers Oy to act as an auditor of the Company. The auditor in charge of the audit was elected to be Mr Jouko Malinen, Authorized Public Accountant.

 

The AGM authorized the Board of Directors to decide on issuing new shares on the following terms and conditions:

 

New shares may be issued and the Company's own shares held by the Company may be conveyed against payment ("Share Issue Against Payment") to the Company's shareholders in proportion to their current shareholdings in the Company. By virtue of the authorization, the Board of Directors is entitled to decide on issuing a maximum of 7,000,000 new shares. The subscription price of the new shares shall be recorded under the invested non-restricted equity fund.The authorization to issue shares is valid until two (2) years from the date of the decision of the Annual General Meeting.

 

AMER SPORTS CORPORATION

Communications

 

 

Ms Maarit Mikkonen

Communications Manager

Tel. +358 9 7257 8306, e-mail: maarit.mikkonen@amersports.com

 

 

DISTRIBUTION:

NASDAQ OMX Helsinki

Major media

 

 

AMER SPORTS CORPORATION

Amer Sports (www.amersports.com) is the world's leading sports equipment company with internationally recognized brands including Salomon, Wilson, Precor, Atomic, Suunto, Mavic and Arc'teryx. 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.

March 3, 2009 at 10:05 am

 

Amer Sports Corporation's Board of Directors has on March 2, 2009 decided to change its proposals to the Annual General Meeting to be held on March 5, 2009. The Board has decided to fully to cancel its proposal regarding the authorization of the Board of Directors to repurchase the Company's own shares and to change its proposal regarding the authorization of the Board of Directors to decide on issuance of shares.

 

Amer Sports Corporation's Board of Directors has also decided to transfer its 340,900 own shares to its fully-owned subsidiary, Amer Sports International Oy to be used for the Group's key personnel's share-based incentive plan. The transfer date of the shares is March 3, 2009. After the transfer Amer Sports Corporation does not held any own shares.

 

 

The Board of Directors proposes to the Annual General Meeting that the Board of Directors be authorized to decide on issuing new shares on the following terms and conditions:

 

New shares may be issued and the Company's own shares held by the Company may be conveyed against payment ("Share Issue Against Payment") to the Company's shareholders in proportion to their current shareholdings in the Company. By virtue of the authorization, the Board of Directors is entitled to decide on issuing a maximum of 7,000,000 new shares. The subscription price of the new shares shall be recorded under the invested non-restricted equity fund.The authorization to issue shares is valid until two (2) years from the date of the decision of the Annual General Meeting.

 

CANCELLED PROPOSAL (section A/15 in the invitation published on Feb 12, 2009)

 

The following proposal of the Board of Directors to authorize the Board of Directors to decide on the repurchase of the Company's own shares has been fully cancelled:

 

The Board of Directors proposes to the Annual General Meeting that the Board of Directors be authorized to decide on the repurchase of a maximum of 6,000,000 of the Company's own shares ("Repurchase authorization"). The Company's own shares shall be repurchased otherwise than in proportion to the holdings of the shareholders by using the non-restricted equity through public trading at the market price prevailing at the time of acquisition.The shares shall be repurchased and paid for in accordance with the rules of the Nasdaq OMX Helsinki and Euroclear Finland Ltd. The shares shall be repurchased to improve the Company's capital structure or for use in financing or implementing future acquisitions or other arrangements, or as part of the Company's or its subsidiaries' incentive programs or to be held by the Company, to be conveyed by other means or to be cancelled. The Repurchase Authorization is valid 18 months from the decision of the Annual General Meeting.

 

 

Amer Sports Corporation's Board of Directors decided on January 14, 2007 to establish a new share-based incentive plan for the Group's key personnel. According to the terms and conditions of this restricted stock plan, a key person is entitled to reward to be paid on the basis of the plan, if he/she has purchased shares up to the amount corresponding to half of the reward that has been informed to him/her and that shall be paid as shares. The plan's reward will be paid in 2008 in part as company shares and partially in cash. The cash payment will cover taxes and tax-related costs arising from the reward. Of the shares, 25% will be transferable as of April 2010, 25% as of April 2011, and 50% as of April 2012. The rewards to be paid based on this plan will correspond to a maximum value of approximately 400,000 Amer Sports Corporation shares. At the end of the financial year the plan covered 30 people.

 

Amer Sports Corporation's Board of Directors' decision made on March 2, 2009 to transfer its 340,900 own shares to its fully-owned subsidiary, Amer Sports International Oy is part of the execution of the share-based incentive plan.

 

Kristiina Huttunen, Vice President, Legal Affairs, tel. +358 9 7257 8217

Tommy Ilmoni, Vice President, IR and Corporate Communications, tel. +358 9 7257 8233

 

The Amer Sports Corporation Annual General Meeting Agenda

 

 

AMER SPORTS CORPORATION

Communications

 

 

Ms Maarit Mikkonen

Communications Manager

Tel. +358 9 7257 8306, e-mail: maarit.mikkonen@amersports.com

 

 

DISTRIBUTION:

NASDAQ OMX Helsinki

Major media

 

 

AMER SPORTS CORPORATION

Amer Sports (www.amersports.com) is the world's leading sports equipment company with internationally recognized brands including Salomon, Wilson, Precor, Atomic, Suunto, Mavic and Arc'teryx. 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.

 

APPENDIX

 

 

Amer Sports Corporation Annual General Meeting is held at 2 pm on Thursday, March 5, 2009 at its headquarters at Mäkelänkatu 91, Helsinki, Finland.

 

 

 

 

 

 

 

- Review by the President and CEO

 

 

The Board of Directors proposes to the Annual General Meeting a dividend of EUR 0.16 per share be paid for the financial year ended December 31, 2008. The dividend will be paid to shareholders who are registered on the list of shareholders maintained by Euroclear Finland Ltd (former Finnish Central Securities Depository Ltd) as of Tuesday, March 10, 2009, which is the record date for the dividend payment. The dividend will be paid on Tuesday, March 17, 2009.

 

 

The Nomination Committee of the Board of Director proposes to the Annual General Meeting that the remuneration payable to the members of the Board to be elected at the Annual General Meeting for the term until the close of the Annual General Meeting in 2010 be unchanged from year 2008 as follows: Chairman EUR 80,000, Vice Chairman EUR 50,000, and other members EUR 40,000. No extra remuneration is paid from attending board meetings nor committee meetings. 40% of the annual remuneration is being paid in the form of the company's shares and 60% in cash.

 

The Nomination Committee of the Board of Directors proposes to the Annual General Meeting that the number of Board members is confirmed to be seven (7).

 

The Nomination Committee of the Board of Directors proposes to the Annual General Meeting that Anssi Vanjoki, Ilkka Brotherus, Pirjo Väliaho, Martin Burkhalter, Christian Fischer and Bruno Sälzer be re-elected as members of the Board of Directors and that Hannu Ryöppönen be appointed as a new board member. The Board's term of service will run until the close of the 2010 Annual General Meeting.

 

The Audit Committee of the Board of Directors proposes to the Annual General Meeting that the auditor's fee will be paid as invoiced.

 

The Audit Committee of the Board of Directors proposes to the Annual General Meeting that Authorised Public Accountants PricewaterhouseCoopers Oy be elected to act as an auditor of the Company. The Audit Committee of the Board of Directors proposes that the auditor in charge of the audit is Jouko Malinen, Authorised Public Accountant.

 

The Board of Directors proposes to the Annual General Meeting that the Board of Directors be authorized to decide on issuing new shares on the following terms and conditions:

 

New shares may be issued and the Company's own shares held by the Company may be conveyed against payment ("Share Issue Against Payment") to the Company's shareholders in proportion to their current shareholdings in the Company. By virtue of the authorization, the Board of Directors is entitled to decide on issuing a maximum of 7,000,000 new shares. The subscription price of the new shares shall be recorded under the invested non-restricted equity fund. The authorization to issue shares is valid until two (2) years from the date of the decision of the Annual General Meeting.

 

 

February 26, 2009 at 9:10 am

 

Amer Sports Corporation has resolved to issue a EUR 60 million hybrid bond in order to strengthen the Group's capital structure and to repay existing debt. Following the hybrid bond issue, Amer Sports net gearing strengthens to slightly below 100% from year-end 2008 of 121%. The coupon rate of the bond is 12.0% per annum. The bond has no maturity but the company may call the bond after three years.

 

Hybrid bond is a bond that is subordinated to the company's other debt obligations and will be treated as equity in the IFRS financial statements. Hybrid bond holding does not confer the right to vote at shareholder meetings and will not dilute the holdings of the current shareholders.

 

Pekka Paalanne, Executive Vice President and CFO, tel. +358 9 7257 8212

Tommy Ilmoni, Vice President, IR and Corporate Communications, tel. +358 9 7257 8233

 

 

AMER SPORTS CORPORATION

Communications

 

 

Ms Maarit Mikkonen

Communications Manager

Tel. +358 9 7257 8306, e-mail: maarit.mikkonen@amersports.com

 

 

DISTRIBUTION:

NASDAQ OMX Helsinki

Major media

 

 

AMER SPORTS CORPORATION

Amer Sports (www.amersports.com) is the world's leading sports equipment company with internationally recognized brands including Salomon, Wilson, Precor, Atomic, Suunto, Mavic and Arc'teryx. 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.

 

February 23, 2009 at 10:15 am

 

Amer Sports Corporation's Annual Report for 2008 has been published in English and Finnish. A printed version of the Annual Report can be ordered on the company website, www.amersports.com, by e-mail from amer.communications@amersports.com or by telephone +358 9 7257 8308. The Annual Report can also be downloaded as a pdf file from the company's website. Mailing of the report starts on Monday, February 23.

 

AMER SPORTS CORPORATION

Communications

 

 

Ms Maarit Mikkonen

Communications Manager

Tel. +358 9 7257 8306, e-mail: maarit.mikkonen@amersports.com

 

 

DISTRIBUTION:

NASDAQ OMX Helsinki

Major media

 

 

AMER SPORTS CORPORATION

Amer Sports (www.amersports.com) is the world's leading sports equipment company with internationally recognized brands including Salomon, Wilson, Precor, Atomic, Suunto, Mavic and Arc'teryx. 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.

 

February 20, 2009 at 8:30 am

 

Amer Sport has mandated Nordea Markets to act as a sole bookrunner on a potential hybrid capital issue. The issue is expected to be launched in the near future subject to market conditions. The size of the issue is EUR 50-75 million.

 

Hybrid bond is a bond that is subordinated to the company's other debt obligations and will be treated as equity in the IFRS financial statements. The dates of interest payment are at the issuer's discretion. Hybrid bond holding does not confer the right to vote at shareholder meetings and will not dilute the holdings of the current shareholders.

 

Esko Heinälehto, Group Treasurer, tel. +358 9 7257 8258

Pekka Paalanne, Executive Vice President and CFO, tel. +358 9 7257 8212

Tommy Ilmoni, Vice President, IR and Corporate Communications, tel. +358 9 7257 8233

 

 

AMER SPORTS CORPORATION

Communications

 

 

Ms Maarit Mikkonen

Communications Manager

Tel. +358 9 7257 8306, e-mail: maarit.mikkonen@amersports.com

 

 

DISTRIBUTION:

NASDAQ OMX

Major media

 

 

AMER SPORTS CORPORATION

Amer Sports (www.amersports.com) is the world's leading sports equipment company with internationally recognized brands including Salomon, Wilson, Precor, Atomic, Suunto, Mavic and Arc'teryx. 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.

 

 

 

The Danske Bank A/S Helsinki Branch holds now 0 shares in Amer Sports Corporation.

 

Amer Sports capital consists of 73,045,551 shares in issue.

 

Mr Tommy Ilmoni, Vice President, IR and Corporate Communications, tel. +358 9 7257 8233

 

AMER SPORTS CORPORATION

Communications

 

 

Ms Maarit Mikkonen

Communications Manager

Tel. +358 9 7257 8306, e-mail: maarit.mikkonen@amersports.com

 

 

DISTRIBUTION:

NASDAQ OMX

Major media

 

 

AMER SPORTS CORPORATION

Amer Sports (www.amersports.com) is the world's leading sports equipment company with internationally recognized brands including Salomon, Wilson, Precor, Atomic, Suunto, Mavic and Arc'teryx. 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.

 

 

 

After settlement of the NASDAQ OMX forward contracts concerning 7,000,000 shares in Amer Sports Corporation, Novator Finland Oy will directly hold 14,688,900 shares representing 20.11% of the shares and voting rights in Amer Sports Corporation.

 

Amer Sports Corporation capital consists of 73,045,551 shares in issue.

 

Mr Tommy Ilmoni, Vice President, IR and Corporate Communications, tel. +358 9 7257 8233

 

AMER SPORTS CORPORATION

Communications

 

 

Ms Maarit Mikkonen

Communications Manager

Tel. +358 9 7257 8306, e-mail: maarit.mikkonen@amersports.com

 

 

DISTRIBUTION:

NASDAQ OMX Helsinki

Major media

 

 

AMER SPORTS CORPORATION

Amer Sports (www.amersports.com) is the world's leading sports equipment company with internationally recognized brands including Salomon, Wilson, Precor, Atomic, Suunto, Mavic and Arc'teryx. 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.