Qudian sees FY25 revenue CHF 2.98B-CHF 2.91B

Raises FY25 gross profit margin view to 62.5% from 60.5%-61%. Raises FY25 adjusted EBITDA margin view to above 18% from 17%-17.5%. The company said, “Building on a year defined by strategic focus and outstanding execution, On looks ahead with strong confidence. Brand momentum remains exceptionally high, fueled in recent weeks by remarkable athlete achievements, cultural moments elevating On globally, and the launch of its inspiring holiday campaign. Reflecting the strength of its third-quarter performance and sustained momentum, On is raising its full-year 2025 guidance across all key metrics.”