On reposted this
Thrilled to share On’s Q1 earnings today – showcasing a strong first quarter across all our key metrics. Recapping a few highlights: - 29.1% growth in Q1’24 vs Q1 on a constant currency basis, resulting in 508.2m CHF Net Sales in Q1 – our first time exceeding 500m CHF in a single quarter. A nice milestone! - Strong profitability with 15.2% adj. EBITDA - Our growth extends regionally, with for the first time in On’s history APAC making up 10% of our overall business Behind the numbers – record-breaking podium moments; game-changing product innovations; store openings in Berlin and Portland – with Paris, Milan, and Austin just around the corner; new brand-building partnerships including FKA Twigs; our first commercial app offering the most intimate customer experience. And our annual Impact Progress Report lies just ahead of us. Not to forget, some huge projects and moments the world does not yet read about – thank you to our incredible team, including our communities, and partners, for your continued belief in our vision. https://lnkd.in/d7AQhr7Z