On Holding: Shares Still Undervalued After Investor Day Plan Brings 6% Fair Value Estimate Increase
On Holding held an investor day at which it laid out its roadmap for the next three years in terms of marketing, product development (including new categories), and channel growth. Its 2029 financial targets include CHF 5.6 billion in sales, a 65% gross margin, and a 22% EBITDA margin.