CODE
FR0000128183 - DAS
Leader
allemand de la fabrication de chaussures, vêtements et accessoires
de sport. Adidas-salomon est le deuxième plus grand acteur du secteur
des articles de sport (en fonction du chiffre d'affairesN°2 Mondial
des fabricants d'articles de sport
For
over 80 years adidas has been part of the world of sports on every level,
delivering state-of-the-art sports footwear, apparel and accessories. Today,
with total net sales of 6.267 billion euros and net income of 260 million
euros, adidas-Salomon is a global leader in the sporting goods industry
and offers the broadest portfolio of products. adidas-Salomon products
are available in virtually every country of the world. Our strategy is
simple: continuously strengthen our brands and products to improve our
competitive position and financial performance. The company's share of
the world market for sporting goods is estimated at around 15 percent.
adidas
Footwear, apparel, and hardware such as bags and balls
Salomon
Winter sports incl. skis, snowboards, snowblades, ski boots and bindings,
inline skates, hiking, apparel
Mavic
Cycle components - Bonfire Snowboard apparel - Arc'Teryx Outdoor apparel,
climbing equipment
Cliché
Skateboard equipment, footwear and apparel - TaylorMade-adidas Golf Golf
equipment, golf apparel, golf shoes - Maxfli Golf balls, irons and accessories
http://www.adidas.com/
03-May-2012 adidas Group Publishes First Quarter 2012 Results
In the first
quarter of 2012, Group revenues increased 14% on a currency-neutral
basis as a result of double-digit sales increases in Wholesale, Retail
and Other Businesses. Currency translation effects had a positive
impact on sales in euro terms. Group revenues grew 17% to € 3.824
billion in the first quarter of 2012 from € 3.273 billion in 2011. The
Group's net income attributable to shareholders increased to € 289
million in the first quarter of 2012 from € 209 million in 2011. This
represents an increase of 38% versus the prior year level.
adidas
Group Full Year 2010 Results
Q4
2010 highlights:
Currency-neutral
Group sales up 9%
adidas
and Reebok sales increase 10% and 15% respectively
Growth
in all regions
Comparable
Retail store sales grow 15% currency-neutral
Gross
margin improves 0.3 percentage points
Full
year 2010 highlights:
Currency-neutral
Group sales up 9%
adidas
and Reebok sales increase 9% and 12% respectively
Group
gross margin improves 2.4 percentage points to 47.8%
Net
income more than doubles to € 567 million
Net
borrowings down 76% to € 221 million at year-end
Outlook
adidas
Group sales to increase at a mid- to high-single-digit rate
Operating
margin to improve to a level between 7.5% and 8.0%
Earnings
per share to be in the range of € 2.98 to € 3.12
Management
to propose a dividend of € 0.80 per share
adidas
Group currency-neutral sales increase 9% in the fourth quarter
During
the fourth quarter of 2010, Group revenues increased 9% on a currency-neutral
basis. Currency-neutral revenues in the Wholesale and Retail segments increased
8% and 23%, respectively. Sales for Other Businesses decreased 3%. By brand,
adidas and Reebok sales increased 10% and 15% currency-neutral, respectively.
Currency-neutral revenues in Western Europe increased 3% due to growth
in the Wholesale and Retail segments as well as Other Businesses. Currency-neutral
sales in European Emerging Markets rose 22%, driven by significant growth
in the Retail segment. Group sales in North America grew 12% on a currency-neutral
basis, driven by a 13% sales increase for adidas and a 24% sales increase
for Reebok. Currency-neutral sales in Greater China grew 11%, driven by
increases in both the Wholesale and Retail segments. Currency-neutral sales
in Other Asian Markets grew 7% as a result of increases in all major markets.
In Latin America, sales were up 8% on a currency-neutral basis, driven
by both Wholesale and Retail. Currency translation effects had a positive
impact on sales in euro terms. Group revenues grew 19% to € 2.931
billion in the fourth quarter from € 2.458 billion in 2009.
Fourth
quarter gross margin improves 0.3 percentage points
The
Group’s gross margin increased 0.3 percentage points to 46.5% (2009: 46.2%)
in the fourth quarter, mainly due to a larger share of higher-margin Retail
sales and less clearance sales. Group gross profit increased 20% to €
1.362 billion (2009: € 1.136 billion). Other operating expenses as
a percentage of sales increased 0.5 percentage points to 47.1% compared
to the prior year (2009: 46.6%). This was mainly due to higher sales and
marketing working budget expenses. As a result of the higher other operating
expenses as a percentage of sales, the Group’s operating margin decreased
0.8 percentage points to 1.0%. Operating profit declined 33% to €
28 million compared to € 42 million in 2009. In the fourth quarter
of 2010, the Group’s net income attributable to shareholders decreased
64% to reach € 7 million (2009: € 19 million). Diluted earnings
per share went down to € 0.03 (2009: € 0.09).
“Our
fourth quarter performance rounds off an excellent year for the adidas
Group,” commented Herbert Hainer, adidas Group CEO. “Not only did we meet,
but we beat all our initial expectations for the year. All our brands scored
with consumers in an improving worldwide economy. We outgrew our major
competitors, achieving record sales of € 12 billion. Along the way,
we generated an outstanding operating cash flow of € 1.2 billion.
Therefore, I am proud to report that our Group is in fantastic shape."
adidas
Group currency-neutral sales increase 9% in 2010
adidas
Group First Half 2009 Results
Currency-neutral
Group sales decrease 7% in the first half year
First
half financial results in line with guidance
Currency-neutral
Group sales decline 8% in the second quarter
Inventory
growth rate sequentially declines versus prior quarter
Group
outlook confirmed
Second
quarter adidas Group currency-neutral sales decrease 8%
During
the second quarter of 2009, Group sales declined 8% on a currency-neutral
basis due to sales declines in all segments with the exception of TaylorMade-adidas
Golf. Currency-neutral adidas segment revenues decreased 9%. Growth in
North America and in Latin America was offset by declines in most major
European and Asian markets. Currency-neutral sales in the Reebok segment
decreased 9% in the second quarter of 2009 versus the prior year due to
negative sales development in most major markets. At TaylorMade-adidas
Golf, currency-neutral revenues increased 3%, driven by growth in nearly
all regions and supported by the consolidation of the Ashworth business.
Currency movements positively impacted Group sales in euro terms. Group
revenues decreased 3% in euro terms to € 2.457 billion in the second
quarter of 2009 from € 2.521 billion in 2008.
Second
quarter diluted EPS € 0.06
The
Group’s gross margin decreased 5.1 percentage points to 45.0% (2008: 50.1%)
in the second quarter as a result of higher input costs, currency devaluation
effects, in particular related to the Russian rouble, as well as a highly
promotional retail environment. Group gross profit decreased 13% to €
1.105 billion (2008: € 1.263 billion). As a result of the lower gross
margin as well as higher other operating expenses as a percentage of sales
the Group’s operating margin decreased 5.3 percentage points to 2.9% in
the second quarter of 2009 versus 8.2% in the prior year. Operating profit
decreased 66% to € 72 million versus € 208 million in 2008. In
the second quarter of 2009, the Group’s net income attributable to shareholders
decreased 93% to € 9 million (2008: € 116 million) mainly due
to the Group’s lower operating profit. Diluted earnings per share for the
second quarter declined 90% to € 0.06.
“The
impacts of the economic downturn and repercussions on consumer spending
are well documented and certainly continued to influence our performance
in the second quarter”, commented Herbert Hainer, adidas Group CEO and
Chairman. “However, the good news is that we did not see any fundamental
deterioration in our business since publishing our first quarter results.
Our financials for the first half of 2009 are exactly in line with the
guidance we provided in May – if not a little better. As a result, I believe
we have seen the bottom in our financial performance this year.”
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