Adidas’s revenue growth moderated somewhat from Q1 (+17% to €4.77bn) to Q2 (+13% to €4.42bn), but the numbers are astonishing. Even more so are the group’s profit numbers. H1 EBIT was up by 57% to €905m and net earnings by 74% to €642m. Both profit numbers are historically high numbers, but include a sizeable gain from having given up the sponsoring contract with Chelsea FC.
