on holding ag onon shares jumped 76 in friday premarket trading after it reported fourthquarter sales that beat expectations and gave upbeat sales guidance the running shoe company which is backed by tennis star roger federer posted a net loss of chf1870 million us1999 million or chf 060 per share after a loss of chf26 million or chf 001 per share sales totaled chf 1911 million us 2043 million were up from chf 1243 million the factset consensus was for a loss of chf 25 cents and sales of chf 1795 million the company says manufacturing in vietnam has been back to 100 prelockdown commitments since december 2021 ons springsummer product launch was moved to the first quarter from the fourth quarter overall we are fasttracking the capacity rampup plan this year and leveraging our close relationship with all factory partners said martin hoffmann cochief executive of on in a statement this includes the expansion into indonesia where we just started production in a new facility to diversify our production network for 2022 ons outlook is for sales to exceed chf 990 million the factset consensus is for chf 9702 million on shares began trading in september 2021 the stock is down 325 for the past three months while the sp 500 index sp is down 45