On Holding lifts FY25 outlook as Q3 2025 sales surge

On Holding has reported income maturation successful the 3rd 4th (Q3) of 2025, supported by maturation crossed each geographic regions and merchandise categories.

The Swiss sportswear brand’s nett income was up 24.9% year-on-year to SFr794.4m (£998m) and 34.5% successful changeless currency.

Growth was broad-based crossed direct-to-consumer and wholesale and each regions.

Gross borderline accrued to 65.7%, supported by operational efficiencies and little freight and related costs.

Net income roseate to SFr118.9m for the 4th ended 30 September 2025, compared with SFr 30.5m successful the aforesaid play of 2024.

Adjusted net earlier interest, taxation, depreciation and amortisation (EBITDA) accrued to SFr179.9m, representing a borderline of 22.6%.

By category, footwear accrued 21.1% to SFr731.3m, apparel jumped 86.9% to SFr50.1m and accessories roseate 145.3% to SFr13m.

Direct-to-consumer income grew 27.6% to SFr314.7m and wholesale roseate 23.3% to SFr479.6m.

By region, EMEA (Europe, the Middle East and Africa) accrued 28.6%, the Americas 10.3% and Asia-Pacific 94.2%.

Cash and currency equivalents were SFr961.8m arsenic of 30 September 2025.

For the 9 months of the twelvemonth to that date, nett income were up 32.6% to SFr2.27bn, adjusted EBITDA soared 51.2% to SFr436m and nett income was SFr134.6m.

On Holding has raised its 2025 outlook to 34% constant-currency nett income growth, implying reported nett income of SFr2.98bn astatine existent rates, a gross borderline of 62.5% and an adjusted EBITDA borderline supra 18%.

The institution besides cited marque momentum, caller diversion wins, collaborations and caller stores successful Palo Alto, Zurich and Tokyo.

On co-founder and enforcement co-chairman Caspar Coppetti stated: "This 4th was different 1 for the grounds books - a existent showcase of our premium strategy successful action. It reflects the champion of what On stands for: innovation, intent and show coming unneurotic to animate movement.

“Our absorption connected excellence continues to thrust almighty planetary momentum, earning heavy spot with consumers and strengthening the halfway of our business. With an outstanding merchandise pipeline and boosted by the singular achievements of On's athletes that embody our show spirit, we transportation this momentum guardant with assurance and energy."

"On Holding lifts FY25 outlook arsenic Q3 2025 income surge " was primitively created and published by Retail Insight Network, a GlobalData owned brand.

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