Precor's Parent Voices Concern


Helsinki, Finland — Precor's parent company, AmerSports of Helsinki, Finland, says that unless market conditions turn around significantly through the end of this year, the company's 2009 revenue could be lower than its 2008 revenue, according to a release from the company. AmerSports, which will announce its second quarter results next month, said recently that its profitability for the year has been affected by the challenging market conditions, noting that those conditions were particularly difficult in the United States.

Suggested Articles:

Myzone’s Emmett Williams is moving to Australia to focus on the Asia-Pacific market as COO Mike Leveque adds CEO of the Americas to his title.

ABC Financial has purchased GymSales to add sales management tools to its product suite. ABC Financial is taking a build, buy, partner approach to cre

Mindbody co-founder Rick Stollmeyer is transitioning from CEO to executive chair, leading to Josh McCarter assuming the CEO position.