On Holding AG (ONON) Q3 2024 Earnings Call Transcript Summary
On Holding AG (ONON) Q3 2024 Earnings Call Transcript Summary
The company achieved an 18.9% adjusted EBITDA margin, reflecting strong top line performance and controlled operational costs.The following is a summary of the On Holding AG (ONON) Q3 2024 Earnings Call Transcript:
以下是On Holding AG (ONON) Q3 2024 業績會議呼叫記錄摘要:
Financial Performance:
財務表現：
On Holding AG reported CHF636 million in net sales for Q3 2024, a 33% increase on a constant currency basis.
Gross profit margin has reached 60.6%, demonstrating an improvement over the previous period.
The company achieved an 18.9% adjusted EBITDA margin, reflecting strong top line performance and controlled operational costs.
Record net sales of CHF635.8 million in Q3, marking the highest quarterly revenue in the company's history.
On Holding AG報告了2024年第3季度淨銷售額爲CHF63600萬，按恒定貨幣計價基礎上增長33%。
毛利率已達到60.6%，顯示出相較於上一時期的改善。
公司實現了18.9%的調整後的EBITDA利潤率，反映出強勁的銷售業績和受控的運營成本。
On Holding AG在2024年第3季度實現了創紀錄的CHF63580萬淨銷售，標誌着公司歷史上季度最高的營業收入。
Business Progress:
業務進展：
Significant progress on strategic growth initiatives, including global brand awareness and expansion across key markets such as APAC.
Successful brand awareness campaigns, particularly in the USA and Paris, leveraging high-profile partnerships and media events.
Expansion in Asia notably in China through new store openings and strong e-commerce growth highlighted by robust sales during the Double 11 shopping festival.
Enhanced brand presence in sports through innovative technologies like LightSpray and impactful endorsements, further solidifying the vision of positioning 'On' as a premium sportswear brand.
在戰略增長計劃方面取得了重大進展，包括全球品牌知名度和在亞太等關鍵市場的擴張。
成功的品牌知名度營銷活動，特別是在美國和巴黎，利用知名合作伙伴和媒體活動。
通過新店開業和強勁的電子商務增長，在亞洲特別是在中國的擴張，突顯在雙11購物節期間的銷售強勁。
通過創新技術如LightSpray和持續有效的代言，進一步鞏固在體育領域的品牌影響力，並進一步夯實將「On」定位爲高端運動服飾品牌的願景。
Opportunities:
機會：
Continued investment in direct-to-consumer (D2C) channels, which grew substantially, demonstrating robust consumer demand and efficient operational improvements.
Expansion in the Asia-Pacific region, showing over 85% growth, highlighted by performance in Japan and China.
Focused efforts on increasing brand awareness globally with high potential for further growth indicated by significant metrics improvements such as a doubled brand awareness in the U.S.
持續投資直銷消費者（D2C）渠道，增長顯著，展示了強勁的消費者需求和高效的運營改進。
在亞太地區擴張，增長超過85%，表現突出的地區包括日本和中國。
專注全球品牌知名度提升的努力，顯著的指標改善表明品牌在美國的知名度翻了一番，展現出進一步增長的巨大潛力。
Risks:
風險：
Variability in operational execution impacting the ability to fully capture market demand, necessitating strategies to enhance supply chain and inventory management to meet future growth effectively.
Foreign exchange risks impacting profitability as evidenced by considerable unrealized FX losses during quarterly fluctuations.
運營執行變化影響了充分滿足市場需求的能力，必須制定策略來增強供應鏈和庫存管理，有效應對未來增長。
外匯風險影響了盈利能力，如季度波動期間出現的相當大規模未實現的外匯損失所示。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
