Net Adidas Profit for 2011% in 18 Year
11.03.2012 3437

Net Adidas Profit for 2011% in 18 Year

One of the world leaders in the production of sports goods, the German company Adidas AG, announced its financial results in 2011 year. According to the company, its net profit amounted to 671 million euros, which is 18,2% higher than in the 2010 year.

According to the report, sales of Adidas in 2011 increased by 11,3%, amounting to 13,34 billion euros, and in the fourth quarter, the figure increased by 11% - to 3,26 billion euros, the website shopandmall.ru writes.

In the fourth quarter, the group’s net profit increased 2,6 times and amounted to 18 million euros. Nevertheless, it was lower than analysts' expectations, on average forecasting an indicator of 19 million euros.

In the 2012 year, Adidas predicts moderate sales growth and expects to increase its volume due to the European Football Championship, which will be held in Poland and Ukraine, as well as the Olympic Games in London, where the company acts as the official sponsor.

Adidas AG, founded in 1924 by Adolf Dassler, is one of the world leaders in the manufacture of sports shoes, clothing and equipment. In Russia there are more than 250 Adidas branded stores.
One of the world leaders in the production of sports goods, the German company Adidas AG, announced its financial results in 2011 year. According to the company, its net profit amounted to 671 million ...
5
1
Rating

Latest News

The luxury market demands bolder solutions

Luxury group Kering ended the first quarter of 2026 with a decline, and for Gucci, which is part of the group, it was the eleventh negative quarter…
08.05.2026 640

Misli Studio has released a denim shoe collection in collaboration with Off Vintage.

Denim complements sneakers and clogs; these styles were featured in a collection by St. Petersburg brand Misli Studio in collaboration with the St. Petersburg vintage store Off…
07.05.2026 834

Vans has released sneakers with a denim upper.

American Vans has released the Vans Authentic "Denim Pack" collection, which includes sneakers with denim uppers. The denim trim extends from the upper to the entire sole, offering excellent opportunities for…
07.05.2026 1332

Happy Victory Day!

81 years ago, the Soviet people celebrated victory over the Nazi invaders with great joy! We remember the heroic deeds of our grandfathers and…
07.05.2026 897

Puma reports strong results for the first quarter of 2026

Puma reported a strong start to its 2026 financial year, helped by inventory reduction efforts, and also announced the appointment of Mark Langer as chief financial officer, writes…
07.05.2026 965
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning