RNS Number:7325I
Amer Group PLC
14 March 2003

14 March 2003


Amer Group Plc
AMER GROUP'S CAPITAL MARKETS DAY 14 MARCH 2003


Amer Group is today holding its Capital Markets Day in Altenmarkt, Austria. Amer
Group's CEO, Mr Roger Talermo, will update attendees from the investment
community about the current outlook for the sporting goods industry. Industry
growth has been slow in recent years but Amer Group believes that the industry's
growth rate will pick up again in the future.


Amer Group expects that it will be challenging to achieve rapid organic growth
against this background, but the Group's healthy balance sheet and strong
operating cashflow will enable it to continue its development of the business.


Across the Group's divisions, sales of fitness equipment grew in
January-February in line with expectations and also the Team Sports Division
continued its good performance. In the golf equipment market, competition
continues to be tough and as the new Northern Hemisphere golf season approaches,
the Golf Division's sales have started more slowly than last year. The Racquet
Sports Division's sales are slightly behind the level of 2002.


The strong euro, especially against the US dollar, has had a negative impact on
the Group's growth rates in the first quarter of 2003.


Overall, the Group's first quarter net sales and operating profit are estimated
to remain similar to 2002's levels. However, as stated on 6 February 2003, at
the time of its 2002 results announcement, Amer Group's net sales and operating
profit are expected to grow in 2003 as a whole. The Group's operations are
balanced by its presence in all key markets and its broad portfolio of sports.


Mr Talermo's presentation can be downloaded from the Group's website at
www.amersports.com under Investor Relations / Documents.


AMER GROUP PLC
Communications Department


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.


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