Company Earnings Update 3 minutesRegister for Free AccessAdidas (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? Register for a free user account. This document was generated for Other research you may be interested in: Amazon Prime Day 2023: Small Businesses and Livestreaming Underpin the ~$10 Billion Shopping FestivalWeekly US and UK Store Openings and Closures Tracker 2023, Week 9: US Openings Up 21%Research Preview: Market Navigator—US Drugstore and Pharmacy RetailersAI/XR, M.D.: Consumer-Facing Technology—Healthcare’s Tech-Enabled Future, Part One