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Article Date: June 2017
Word Count: 326

Head Sales and Profit Slipped in 2016

Head Sales BV, which now operates the Head brand, saw comprehensive net income halved to €13,029,000 ($14.4 million) from €25,726,000 on 1% lower revenues at €411,405,000 ($455.1 million) vs. €417,553,000. Sales declines in winter and racquet sports were partly offset by higher sales of diving products. Sales to the European market gained 2% to €224.6 million but all other regions were negative. North America fell 7% to €122.2 million ($135 million), Asia dipped 1% to €44.4 million, and Other regions were down 3% to €20.1 million.


The Mares diving brand saw sales increase 8% to €71.7 million from higher sales of ... Log in to view full article.


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