Amer Sports - Company Announcement

Amer Sports lowers its full-year 2008 guidance

Amer Sports sales has during November and December been below
expectations and consequently the company will not reach its EBIT
(excluding one-off items) guidance of EUR 80-90 million in 2008. Amer
Sports expects its full-year sales in local currencies to be close to
last year's level. The weaker-than-expected performance in the fourth
quarter reflects both Precor and Winter Sports Equipment.

The demand for Precor's commercial fitness products remained at last
year's level until October, but has slowed down during the past two
months. As the last quarter of the year is seasonally important for
Precor, the weakened market conditions have a big impact on Precor's
full-year results. Precor continues to adjust its cost base to the
prevailing market conditions.

Within the Winter Sports Equipment business, re-orders are below
expectations despite good snow conditions at the start of the skiing
season, reflecting retailers' general cautiousness in the current
environment. Even if re-orders are slower-than-expected, the Winter
Sports Equipment business area's results in 2008 will improve
compared with last year as a result of already completed efficiency
improving measures.

Amer Sports publishes its full-year 2008 and Q4 results on 5 February
2009.

For further information, please contact:
Tommy Ilmoni, Vice President, IR and Corporate Communications, tel.
+358 9 7257 8233


AMER SPORTS CORPORATION
Communications

Ms Maarit Mikkonen
Communications Manager
Tel. +358 9 7257 8306, e-mail: maarit.mikkonen@amersports.com
www.amersports.com


DISTRIBUTION:
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Major media
www.amersports.com

AMER SPORTS CORPORATION
Amer Sports (www.amersports.com) is the world's leading sports
equipment company with internationally recognized brands including
Salomon, Wilson, Precor, Atomic, Suunto, Mavic and Arc'teryx. All
Amer Sports companies develop and manufacture technically advanced
products that improve the performance of active sports participants.
The Group's business is balanced by its broad portfolio of sports and
presence in all major markets.

Attachments:

Amer Sports lowers its full-year 2008 guidance.pdf