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Share Name | Share Symbol | Market | Type |
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Amp China Ord/Units (delisted) | ASX:AGF | Australian Stock Exchange | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0.00 | - |
RNS Number:4918K Amer Group PLC 29 April 2003 29 April 2003 Amer Group Plc AMER GROUP RE-ORGANISES WILSON In order to ensure its competitiveness and to increase efficiency, Amer Group is re-organising its Wilson businesses in the USA. In the new structure, the businesses will be divided into two business areas: Golf and racquet sports and Team sports. As a result, Steve Millea will take over responsibility for the golf and racquet sports business globally. Mr Millea previously worked as the Vice President for Wilson's international operations. Team Sports will continue as a separately managed business unit under the leadership of Chris Considine. Both Mr Millea and Mr Considine will report to Mr Roger Talermo, President and CEO of Amer Group. Simultaneously, Wilson's central administration functions will be discontinued and decentralised. Jim Baugh will leave his position as the President of Wilson Sporting Goods Co. Amer Group's operations in North America are supported by the local Amer Sports Services organisation. Amer Sports North America Services covers the following departments: legal, tax and cash management. In addition, it covers logistics strategy. The unit serves centrally all Wilson, Atomic, Suunto and Precor operations in North America. Putting the new structure in place will start immediately. More information about the changes will be provided during the coming months, as appropriate. Amer Group Plc Communications Paivi Antola Communications Manager For further information, please contact: Mr Roger Talermo, President & CEO, tel. +358 9 7257 8210 Mr Pekka Paalanne, Senior Vice President & CFO, tel. +358 9 7257 8212 DISTRIBUTION: Hex Helsinki Exchanges Major media AMER GROUP PLC Amer Group is one of the world's leading sports equipment companies with its internationally recognised brands Wilson, Atomic, Suunto and Precor. 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. In 2002 Amer Group made an operating profit of EUR 103.0 million on net sales of EUR 1,101.9 million. Earnings per share were EUR 2.95. At the end of 2002 the Company had 3,939 employees. This information is provided by RNS The company news service from the London Stock Exchange END MSCUKVRROKRSUAR
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