Adidas Q1 sales 6.592 bln eur, up 14% same forex
(Il Sole 24 Ore Radiocor) - Milano, 29 apr - German sportswear group Adidas said that in the first quarter revenue rose to 6.592 billion euros from 6.153 billion a year earlier, up a currency-neutral 14%.
The operating margin stood at 10.7%, up 0.8 percentage points.
The net income from continuing operations increased 11% to 484 million euros and diluted earnings per share from continuing operations rose to 2.70 euros from 2.44 euros.
Adidas continues to expect currency-neutral sales to increase at a high-single-digit rate in 2026, reflecting growth of around 2.0 billion euros.
The company still expects profitability to further improve in 2026 and projects operating profit to increase to a level of.
around 2.3 billion euros.
(RADIOCOR) 29-04-26 14:16:30 (0462) 5 NNNN