China boosts Columbia’s 2014 figures

Columbia Sportswear managed to increase its net sales, in 2014 over the prior year, by 25 percent or $415.6 million to $2.1 billion. Organic growth was 12 percent or $200.5 million. The inorganic increase was related to the acquisition of the Prana brand, which contributed a turnover of $53.7 million. The joint venture for China set up earlier this year helped to boost consolidated income by $161.4 million. Currency effects on the global stage were negative, but only by 1 percentage point. Good news was that the European (EMEA) business was up by 8 percent or $18.5 million. Currencies were bad for COLM by 1 percentage point globally, but good on the same level in the EMEA region.

 

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