On Holding AG (ONON) Q1 2026 (CHF): EPS 0.31 (exp. 0.35), Revenue 831.9mln (exp. 1.06bln); reiterates FY guidance
On Holding AG's Q1 earnings missed expectations on both EPS and revenue, which may raise concerns about their revenue trajectory.
Iran’s ambassador to China says Tehran views its strategic partnership with China as key to countering US pressure and advancing demands for a lasting ceasefire, IRNA reports
UK sells GBP 4bln 4.125% 2031 Gilt: b/c 3.36x (prev. 3.33x), average yield 4.651% (prev. 4.228%), tail 0.2bps (prev. 0.3bps)
On Holding AG (ONON) Q1 2026 (CHF): EPS 0.31 (exp. 0.35), Revenue 831.9mln (exp. 1.06bln); reiterates FY guidance
China has reportedly raised fuel surcharge for domestic flight from May 16th
US President Trump to confront Chinese President Xi at the upcoming summit over China's backing of Iran and Russia, Fox News reports
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The Asia-Pacific region grows 44.4%, or 61.4% on a constant currency basis, representing more than 20% of global net sales, supported by standout momentum in China and South Korea.
However, the strong growth in the Asia-Pacific region, especially in China and South Korea, suggests robust demand that could support their full-year guidance. The market may react to this mixed result with cautious optimism, focusing on growth potential despite the earnings miss.
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