Amer Sports Corporation
STOCK EXCHANGE RELEASE
March 12, 2015 at 12.40 p.m.
Amer Sports Corporation introduces a dividend policy
Amer Sports Board of Directors has today approved a dividend policy according to which the company’s dividend policy is to provide a sustainable, steadily increasing dividend reflecting the company’s earnings performance.
With good performance in the businesses, and improving profitability and cash flow, the company can simultaneously distribute an attractive dividend, implement focused growth projects and act on strategic opportunities.
Since 2010, Amer Sports has delivered
Average dividend growth of 10.7%
Average payout of 53%
Average yield of 2.9%.
In accordance with the new policy the Board proposes a dividend of EUR 0.45 for 2014 to the company’s Annual General Meeting to be held on 12 March 2015. The proposed dividend represents 57% of earnings per share excluding non-recurring items in 2014 and is 12.5% higher than the dividend for 2013.
For further information, please contact:
Päivi Antola, Director, Corporate Communications and IR, tel. +358 20 7122 537
NASDAQ OMX Helsinki Oy
Amer Sports (www.amersports.com) is a sporting goods company with internationally recognized brands including Salomon, Wilson, Atomic, Arc’teryx, Mavic, Suunto and Precor. The company’s technically-advanced sports equipment, footwear and apparel improve performance and increase the enjoyment of sports and outdoor activities. The Group’s business is balanced by its broad portfolio of sports and products and a presence in all major markets. Amer Sports shares are listed on the Nasdaq Helsinki stock exchange (AMEAS).