Net income for the year rose 32% to €90.9 million ($119.1 mm) from €68.9 million on a 9% top line improvement to €1,880.8 million ($2,463.8 mm) from €1,740.4 million. For the final quarter ended Dec. 31, net income dipped 18% to €31.1 million ($40.7 mm) from €38.1 million as sales declined 5% to €556.9 million ($729.5 mm) from €583.4 million, partially on a planned acceleration of winter sports shipments into Q3 this year and partially because of the late start to the winter season affecting reorders.

Amer’s growth for the year was driven by strong growth in footwear, which gained 31% ... Log in to view full article.