After a Strong Q1, the Swiss Sporting Goods Manufacturer On Holding (ONON) Can Confirm Its Sales Forecast of at Least 30% For The Current Year.

The shares of Swiss sporting goods manufacturer On Holding (ONON) have been stuck in a sideways range for some time. This could change, as the company reported a strong first quarter on Tuesday (March 14) with record sales and profitability. Martin Hoffmann, Co-CEO and CFO of On, said: "The first quarter was a very strong start to the year and a further step in the implementation of our long-term strategy to become the most premium global sportswear brand." The company, which is known for its high-quality sports shoes, is increasingly building a...