The Conzzeta Group, based in Switzerland, reported that its Outdoor segment (Mammut Sports Group) generated net revenue of CHF 253.4 million in 2018, up 10.9 percent, with double-digit growth in all three regions, Europe, America and Asia.
According to a statement, the operating result for the segment “increased significantly.”
Conzzeta Group stated, “The solid 2017/2018 winter season was favorably influenced by, among other things, successful product launches (new generation of the “Eiger Extreme” clothing collection and new version of the “Barryvox” avalanche transceiver). The progressive implementation of the five-year strategy program, which commenced in 2016, was also beneficial. There was a significant qualitative improvement in sales performance thanks to enhanced cooperation with select specialist retailers, the development and expansion of the segment’s own online channels, optimization of the store portfolio and the expansion of international activities. An improved gross margin has already enabled the strategy-driven increase in the cost base in the areas of digitalization, retail and design to be partially absorbed. Further revenue gains and a disproportionate improvement in the EBIT margin are expected by the conclusion of the strategy program. In the context of changing consumer habits and the continuing shift from physical to online stores, Mammut continues to work steadily on its digital transformation, sharpening its own brand across channels and developing innovative tools to promote customer loyalty. From 2019, this includes the use of NFC technology in selected products as part of the ‘Mammut Connect’ initiative. Customers can use an app to access comprehensive product information, use additional services or be part of a digital social network. Despite further clean-ups in the physical volume business, where profitability is below average, pre-orders from specialist retailers for the coming summer season were notably higher at the end of 2018 compared with the previous year thanks to new collections and the launch of various new products.”
