Company Earning Updates 2 minutes premiumAdidas (DB: ADS) 2Q19 Results: Double-Digit Revenue Growth in E-Commerce and in China Author By Coresight Research August 9, 2019 Key Points Adidas reported 4% currency-neutral 2Q19 revenue growth driven by high-single-digit growth in its sport inspired business. Revenues rose 5% to €5.51 billion. Asia Pacific sales grew 8% on a currency-neutral basis, driven by the strong 14% pace set in greater China. The company reconfirmed FY19 guidance: Sales growth of 5-8% on a currency-neutral basis and net income from continuing operations of €1.88-1.95 billion. August 9, 2019 premium Please Log In to read the full report. Not a member? Register for a free user account. Other research you may be interested in:
