On Holding AG (ONON) has released an update.
On Holding AG has released its unaudited interim condensed consolidated financial statements, revealing significant growth in net sales and gross profit for both the three-month and six-month periods ended June 30, 2024, compared to the same periods in 2023. The company experienced a marked increase in net sales from CHF 444.3 million to CHF 567.7 million in the three-month period, and from CHF 864.5 million to CHF 1,075.9 million in the six-month period. Gross profit also saw an increase, with figures rising from CHF 264.5 million to CHF 340.2 million in the three-month period, and from CHF 509.4 million to CHF 643.6 million in the six-month period.
For further insights into ONON stock, check out TipRanks’ Stock Analysis page.