Fischer Ski Manufacturer with Million Loss
Fischer's revenue fell by over 30 million euros to almost 120 million euros in the 2024/25 fiscal year. Additionally, the manufacturer of ski and ice hockey products slipped into the red. The ski manufacturer Fischer Sports recorded a loss of 10.5 million euros, after a profit of 1.4 million euros in the previous year. At Atomic, the result turned from a 2.5 million euro profit to a 3.65 million euro loss. And Blizzard reported a 1.6 million euro loss, after around 700,000 euros profit a year earlier.
Fluctuations in Revenue for Fischer Sports and Co.
However, the industry is accustomed to fluctuations in revenue and earnings, as the company's financial statements show. According to the company register, Fischer's revenue fluctuated between 105 million and nearly 190 million euros in recent years, with the result for the manufacturer of ski and ice hockey products ranging between a 10.5 million euro loss and a 22 million euro profit.
But Atomic has also seen better times with more than 14 million euros in profit. Consumer restraint, a late winter onset in North America, and high inventory levels at trading partners troubled Atomic last year. With the decline in inflation, the company's economic situation should significantly improve, the ski manufacturer noted in the management report. Aside from that, the company is investing in new projects such as hemp skis, recycling, and sustainable ski construction.
At Blizzard, revenue fluctuated between 190 million euros and 287 million euros over the past 10 years, and the result ranged from more than a 14 million euro loss to nearly an 18 million euro profit.
The Austrian ski manufacturers are currently not only experiencing an economic downturn but are also under the scrutiny of EU antitrust authorities. About a month ago, there were house searches at Blizzard, Atomic, and Fischer due to antitrust concerns. However, the EU Commission emphasized that such inspections do not mean that the companies have been found guilty.
(APA/Red)
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