EANS-Adhoc: adidas AG
adidas Group announces preliminary half year sales and
earnings
ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.
6-month report
22.07.2010
Herzogenaurach - In line with adhoc regulations stipulated by §15 WpHG (German Securities Trading Act), Management is providing preliminary half year and second quarter figures which are materially above market expectations. In the first half of 2010, Group revenues increased 7% on a currency-neutral basis or 11% in euro terms to EUR 5.6 billion. In the second quarter, adidas Group sales increased 11% currency-neutral or 19% in euro terms to EUR 2.9 billion. Net income attributable to shareholders reached EUR 295 million (2009: EUR 13 million) in the first six months and EUR 126 million in the second quarter (2009: EUR 9 million). Diluted earnings per share amounted to EUR 1.41 for the half year (2009: EUR 0.10) and EUR 0.60 for the quarter (2009: EUR 0.06), respectively. More detail on the Group´s performance in the first half and outlook for the remainder of the year will be given with the publication of quarterly results on August 4, 2010.
end of announcement euro adhoc
Further inquiry note:
Cornelia Metzger
Reporting Manager
Telefon: +49-9132-84 3824
Email: Cornelia.Metzger@adidas-group.com
Branche: Recreational & Sports goods
ISIN: DE0005003404
WKN: 500340
Index: DAX, CDAX, HDAX, Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
Hannover / free trade
München / free trade