Over the nine months of 2016, the net profit of the German manufacturer of sportswear and accessories Adidas AG increased one and a half times compared to the same period last year and amounted to 1,027 billion euros.
Diluted earnings per share in January-September increased to 5,01 euros from 3,54 euros. The company's revenue in annual terms also increased - by 14,6%, to 14,604 billion euros.
At the same time, in the first nine months of 2016, the company's revenue in Russia and the CIS decreased by 10,2% to 505 million euros. The quarterly indicator remained at the level of last year - 195 million euros.