Company Earnings UpdateAdidas (ETR: ADS) FY16 Results: Standout Sales and Margin Performance Coresight Research March 9, 2017 Executive Summary In FY16, Adidas reported revenue growth of 14.0% year over year to €19,291 million, slightly below the consensus estimate of €19,307 million. Constant-currency FY16 sales increased 18% year over year. The company reported FY16 adjusted EBIT of €1,491 million and the adjusted EBIT margin reached 7.7%, up from 6.5% in FY15. Adidas issued FY17 guidance to deliver constant currency year-over-year revenue growth in the range of 11%–13%. The company expects FY17 gross margin expansion of 50 bps year over year and adjusted EBIT margin to expand by 60–80 bps year over year to 8.3%–8.5%. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Middle-Income Consumers Drive Improved Financial Optimism: US Consumer Survey InsightsWeekly US Store Openings and Closures Tracker 2025, Week 16: 7-Eleven To Close 300+ Stores; Plus Updates on Drugstore ClosuresShoptalk Spring 2026 “Shark Reef” Startup Pitch: Preview—10 Innovators Driving Customer Experience and Operational EfficienciesShoptalk Spring 2025: Day Two—Next-Generation Search and the Leading Edge of Storytelling, from Influencers to Lived Values
