ARTICLE AD BOX
Roger Federer, one of the best tennis players of all time, is not only successful on the court, but also in the business world. During his career, he earned 120 million euros from tennis tournament prizes alone. However, his smart business investments are bringing him even greater rewards. At the end of 2019, the winner of 20 Grand Slam titles decided to invest in the Swiss sports equipment company "On Holding AG", which is based in Zurich.
A growing company: Increased shares
Today, this investment is showing great results. According to the company, in 2024, revenues reached an impressive 2.32 billion Swiss francs, which is an increase of 29 percent compared to the previous year. The company's shares have increased by an incredible 41 percent in the past year. The greatest success was achieved in the US market, where they achieved sales of 1.48 billion Swiss francs, which is 27 percent more than the previous year.
Apart from America, the fastest growth was recorded in Asia, where sales jumped by as much as 85 percent, reaching 260 million francs. Sales in Europe also increased significantly, by 18 percent, to a total of 578 million francs.
The company continues with ambitious plans for further growth. For its 15th anniversary, they predict a sales increase of 27 percent, which would mean total sales of 2.94 billion francs. Federer's investment shows that, in addition to sports, he is also very successful in the business world, as his role in "On Holding AG" clearly demonstrates how he can invest successfully and achieve great returns.
With successful investments, such as the one in the Swiss company "On Holding AG", Federer is establishing himself as an amazing player in the business world. Investments in sports equipment are not only a way to provide additional income, but also an indicator of his visions and ability to recognize brands with huge potential.
English (US)