Samsonite‘s 2015 turnover grew 11.9 % to record height, up to 2.43 billion dollars (2.1 billion euro), mainly thanks to strong performances in Asia and Europe.
American Tourister grew a lot
North American turnover “only” grew 7.4 %, while Latin American growth reached 9.6 % and Asian turnover even grew 12.8 %. Europe saw the fastest growth, at + 17.7 %. These good performances meant profit also grew, leading to a 216.9 million dollar (192 million euro) net profit in 2015, which is a 5.2 % increase compared to the year before. If exchange rates had remained level, profit would even have grown 9.5 %.
The Samsonite brand’s net turnover, worth 61.3 % of the group’s total turnover, grew 5.7 %, while American Tourister‘s turnover even went up by 16.7 %.
“2015 is the sixth year in a row that the group managed to publish double-digit growth, at level exchange rates. Our multi-brand, multi-category and multi-channel strategy has shown its strength with these numbers, as we had to deal with exchange rate pressure and a difficult economic situation in many of our markets”, Samsonite CEO, Ramesh Tainwala, said.
