The net profit of the German company Adidas AG, one of the world's largest manufacturers of sports shoes, clothing and accessories, for the first quarter of 2016 increased by 57,8% compared to the previous year and amounted to 351 million euros. The largest revenue growth occurred in North America, China and Western Europe - by 31%, 30% and 26%, respectively. Meanwhile, according to the results of January-March, the company's revenue in Russia and the CIS fell by 15% - to 138 million euros. With a powerful start with record results for the first quarter, Adidas predicts revenue growth for the current year by an average of 15% in all regions, with the exception of Russia and the CIS.
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