Company Earnings Update 3 minutesRegister for Free AccessAdidas Group (ETR: ADS) FY15 Results: Strong Sales Boosted by Double-Digit Growth in Key Markets Coresight Research March 3, 2016 Executive Summary Adidas Group reported net sales of €16.9 billion in FY15, beating the consensus estimate and up 16.4% from the previous year. The growth was mainly driven by strong regional performance in Western Europe; Greater China; Latin America; and the Middle East, Africa and Asia. Net income rose by 29.3%, to €634 million, and reported EPS grew by 34.0%, to €3.15; both missed consensus estimates. The group expects strong top- and bottom-line trends to continue through FY16, and projects that sales will increase by 10%–12% at constant currency. 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: Earnings Insights 1Q24, Week 5: Ralph Lauren, Ross Stores and TJX See Sales Growth; Lowe’s and Target See Sales DeclineInnovator Profile: Augmodo—Augmodo is Enhancing Retail Operations through AI-Powered SolutionsInnovator Profile: Two Boxes Enables Efficient, Intelligent and Environmentally Friendly Returns ManagementRetailTech: Retail’s Green Revolution—Five Technologies Driving Sustainability
