Rieker
Net Adidas Profit for 2011% in 18 Year
11.03.2012 1962

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
Euro Shoes Exhibition

Latest News

Unique Marsèll and Suicoke collaboration presented at Leform in Moscow

Italian and Japanese footwear brands Marsèll and Suicoke have teamed up to launch a colorful capsule collection of unisex sandals with an avant-garde style this spring. The release of the collaboration of two bright brands was released on April 14. Currently…
20.05.2022 109

In the next six months, shoe prices may increase by 8,4%

The World Footwear Business Conditions Survey expects shoe prices to increase over the next six months, according to Worldfootwear.com Europe is expected to rise the most (9,8%). In North America, inflation will be about...
20.05.2022 102

India increased exports of leather and leather products by 33%

In India, revenue from exports of leather and leather products for the eleven months of the financial year (April 2021 to February 2022) increased by 33,07% compared to the same period a year earlier. The prevailing share in the volume…
19.05.2022 111

Nike x Jacquemus Collaboration Released

Nike is celebrating its XNUMXth anniversary with a collaboration with French fashion brand Jacquemus. In addition to women's sportswear, which will be part of the collection, it will also feature a reimagined by French designer Simon Porte Jacquemus…
19.05.2022 239

Clarks went to the metaverse too

Following Fly London and a number of other fashion brands, the British footwear brand Clarks launched the Cicaverse gaming space on the global gaming platform Roblox, in honor of the release of a children's sneaker model…
19.05.2022 168
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning