While its results in the final quarter and full-year 2023 were impacted by pre-IPO expenses, onerous finance payments and other one-time events, newly public Amer Sports is guiding for low-double-digit to mid-teens annual sales growth over the long term, and expanding margins above and below the line. Now that AS has converted $4 billion in shareholder debt into equity, and refinanced the remaining $1.8 billion, it expects annual finance costs will decline to a manageable $180-190 million per year compared to $407 million last year. The refinancing did result in about ... Log in to view full article.