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Sportswear giant Anta reports strong Q4 growth across all brands

Anta has released its Q4 2024 performance, showing strong growth despite a relatively high base from the same period last year. According to the company’s disclosure, Anta brand revenue grew in the high single digits YoY in the fourth quarter, while Fila’s revenue also saw high single-digit growth. Other brands, including Descente and Kolon Sport, grew revenue 50% to 55%. For the full year, Anta brand revenue grew in the high single digits, Fila brand revenue grew in the mid-single digits, and other brands saw a revenue increase of 40% to 45%. Thanks to the positive results, sportswear stocks gained strength, with Anta’s share price rising 4.45% to HK$78.6 ($10.05), bringing its market value to approximately HK$222 billion ($28.4 billion).

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