Company Earnings UpdateAdidas (ETR: ADS) FY17 and 4Q17 Results: Another Strong Year, but Profits Dented by US Tax Impacts Coresight Research March 15, 2018 Executive Summary Adidas grew FY17 group revenues by 16% at constant currency, but revenues were just shy of analysts’ expectations. Operating profit of €2.1 billion was up 30.8% year over year and was slightly above the consensus estimate. In FY18, the company expects to grow sales by approximately 10% excluding currency effects and to increase operating profit by 9%–13%. 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: World Retail Congress 2025 Insights: Consensus on Tariffs Floor, AI Risks in Adaptive Apparel, Smart Scaling in FocusAnalyst Corner: What’s Happening in China’s Economy? Analyzing Retail and Consumer Metrics with Madhav PitaliyaOverall Sentiment Declines Despite Rate Cut—But Higher Earners Are More Confident: US Consumer Survey InsightsAnalyst Corner—Location, Location, Location: US Regional Shopping Trends with Aditya Kaushik
