Adidas reports higher sales, modest profit rise
Net profit in the April through June period was up 1.4 percent compared to the second quarter last year to 146 million euros ($159 million), the company said, in line with expectations.
Aug 06, 2015, 14:08 PM ISTAdidas targets faster sales and profit growth from 2016
German sportswear company Adidas hopes to increase sales and profitability at a faster rate in the next five years by focusing its marketing on six global cities, selling more direct to customers and expanding product customisation.
Mar 26, 2015, 12:49 PM ISTAdidas expects sales and profit growth as golf unit recovers
For 2015, it said it expected sales to rise at a mid single-digit rate on a currency neutral basis, while net profit from continuing operations should increase by 7-10 percent.
Mar 05, 2015, 12:57 PM IST