Adidas posts jump in sales and profit, confirms outlook

In the second quarter, currency-neutral revenues at Adidas Ag grew 4 percent, while revenues at brand Adidas were up 4 percent, driven by a high-single-digit increase in Sport Inspired. In euro terms, the company’s revenues grew 5 percent to 5.509 billion euros (6.18 billion dollars). Adidas said, net income from continuing operations grew 10 percent to 462 million euros (517.8 million dollars), and basic EPS from continuing operations reached 2.33 euros including the IFRS impact, an increase of 13 percent year-over-year.