On Holding: Crossing borders in footwear and apparel
- On Holding $ONONa Swiss manufacturer of sports footwear and apparel with innovative patented CloudTec cushions.
-$ONONsupport from athletes such as Nicola Spirig and Roger Federer,$ONONhas established itself in the Swiss market and is now expanding into the US and China.
- The company's revenue is up 47% and adjusted EBITDA is up 68% in 2023.
- The company's sales are expected to grow at a 26% rate through 2026, which would double its annual revenue to 3.6 billion Swiss francs ($3.9 billion).
- Shares in $ONON are trading at just four times this year's revenue, offering an attractive investment opportunity.
- If the company achieves its growth targets, it could see a fourfold increase in revenue and a one-fifth increase in profits by the end of the decade.
Are you interested in On Holding, its business and would you consider adding it to your portfolio?