Mavic Sales Up 15 Percent in Q3
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HELSINKI, Finland (BRAIN)Sales at Mavic rose 15 percent in the third quarter, with strong growth in wheels and cycling shoes, parent company Amer Sports stated in an earnings call Thursday. Cycling sales totaled 28.7 million euros ($40.8 million) in the quarter ended Sept. 30, compared with 25.2 million euros ($35.8 million) a year earlier. In the first nine months of the year, sales for the segment are up 12 percent, from 79.6 million euros ($113.1 million) to 91 million euros ($129.3 million). Amers winter and outdoor equipment group, which includes Mavic, reported a 24 percent increase in sales for
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