Ad hoc: HEAD Racquet Sports USA Posts Best Ever Full Year Sales Results
Head N.V. /
Ad hoc: HEAD Racquet Sports USA Posts Best Ever Full Year Sales Results
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Amsterdam - 8(th) January 2013 - Head NV (VSX: HEAD; U.S. OTC: HEDYY.PK), a
leading global manufacturer and marketer of sports equipment, announced today
that HEAD Racquet Sports USA posts best ever full year sales results.
HEAD Racquet Sports USA has posted its best ever sales result for a full year in
company history. A double digit percentage increase for both HEAD and Penn
brands are especially significant given the marketshare both brands already had
coming into the year.
In addition, a year end retailer survey placed HEAD and Penn at the top of the
industry for sales force and speed of shipment as well as very high marks in all
marketing and operations categories.
"We are thrilled with our year-end results. We outpaced the market throughout
the year as a result of very hard work from our internal team combined with
incredible results from our athletes like Novak Djokovic, Maria Sharapova and
Andy Murray." said Greg Mason, Vice President Sales and Marketing Racquet Sports
US. "The combination of the two made for the best year in our history."
HEAD's new marketing campaigns have been player centric and have focused on
digital and social media marketing tactics. Some of the world's best tennis
athletes have helped take HEAD to the next level.
HEAD was able to combine players and marketing to maximize the impact. HEAD is
now the racquet sports leader in Facebook fans which is another indication of
the brand momentum.
"While it's great to share fantastic 2012 results, we are poised for further
growth in 2013 with aggressive marketing around Novak and Maria throughout the
first half. Â With the #1 male player in the world in Novak and Maria as the most
marketable female player in the world we are positioned for another great year."
said Mason.
The excellent development in the US was envisaged earlier in the year by the
group and does not impact the guidance for the groups results as set out in our
press release of November 8, 2012.
About Head
HEAD NV is a leading global manufacturer and marketer of premium sports
equipment and apparel.
HEAD NV's ordinary shares are listed on the Vienna Stock Exchange ("HEAD").
Our business is organized into five divisions: Winter Sports, Racquet Sports,
Diving, Sportswear and Licensing. We sell products under the HEAD (alpine skis,
ski bindings, ski boots, snowboard and protection products, tennis, racquetball
and squash racquets, tennis balls and tennis footwear and sportswear), Penn
(tennis balls and racquetball balls), Tyrolia (ski bindings) and Mares (diving
equipment) brands.
For more information, please visit our website: www.head.com
Analysts, investors, media and others seeking financial and general information,
please contact:
Clare Vincent, Investor Relations
Tel: +44 207 499 7800
Fax: +44 207 491 7725
E-mail: headinvestors@aol.com
Gunter Hagspiel, Chief Financial Officer
Tel: +43 5574 608
Fax: +43 5574 608 130
E-mail: g.hagspiel@head.com
Forward-Looking Statements
This press release includes forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. When used in this press
release, the words "anticipate", "believe", "could", "estimate", "expect",
"intend", "may", "plan", "predict", "project", "will" and similar terms and
phrases, including references to assumptions, as they relate to Head NV, its
management or third parties, identify forward-looking statements. Forward-
Looking statements include statements regarding Head NV's business strategy,
financial condition, results of operations, and market data, as well as any
other statements that are not historical facts. These statements reflect beliefs
of Head NV's management as well as assumptions made by its management and
information currently available to Head NV. Although Head NV believes that these
beliefs and assumptions are reasonable, the statements are subject to numerous
factors, risks and uncertainties that could cause actual outcomes and results to
be materially different from those projected. These Factors include, but are not
limited to, the following: the still possible impact of the global economic
turmoil, weather and other factors beyond our control, competitive pressures and
trends in the sporting goods industry, our ability to implement our business
strategy, our liquidity and capital expenditures, our ability to obtain
financing, our ability to compete, including internationally, our ability to
introduce new and innovative products, legal proceedings and regulatory matters,
our ability to fund our future capital needs, and general economic conditions.
These factors, risks and uncertainties expressly qualify all subsequent oral and
written forward-looking statements attributable to Head NV or persons acting on
its behalf.
Head NV
Prins Bernhardplein 200,
1097 JB Amsterdam
Shares:
ISIN: NL0000238301
Stock Market: Official Market of the Vienna Stock Exchange
Notes:
HTM Senior Notes ISIN: XS0184717956 and XS0184719143
Listing: Luxembourg Stock Exchange
US Sales Results:
http://hugin.info/133711/R/1668707/541897.pdf
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Source: Head N.V. via Thomson Reuters ONE
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