In an ad-hoc release, the company stated revenue growth of 17% to €4.8bn, operating profit growth of 35% to €490m and a net income from continuing operations increase of 38% to €350m. All these numbers are considerably higher than our expectations and also of the consensus numbers Adidas had accumulated and published yesterday. Final Q1 accounts will be released on 4 May.
27 Apr 2016
Adidas releases a very positive Q1 profit surprise
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Adidas releases a very positive Q1 profit surprise
adidas AG (ADS:WBO) | 0 0 1.8% | Mkt Cap: 37,743m
- Published:
27 Apr 2016 -
Author:
Hans-Peter Wodniok -
Pages:
2
In an ad-hoc release, the company stated revenue growth of 17% to €4.8bn, operating profit growth of 35% to €490m and a net income from continuing operations increase of 38% to €350m. All these numbers are considerably higher than our expectations and also of the consensus numbers Adidas had accumulated and published yesterday. Final Q1 accounts will be released on 4 May.