AD-HOC: adidas Group announces preliminary half year sales and earnings

AD-HOC: adidas Group announces preliminary half year sales and earnings

ID: 24324

(Thomson Reuters ONE) -
adidas AG / AD-HOC: adidas Group announces preliminary half year sales and earnings processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement.

For immediate release                             Herzogenaurach, July 22, 2010


AD-HOC: adidas Group announces preliminary half year sales and earnings

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 ? 5.6 billion. In the second quarter, adidas Group sales
increased 11% currency-neutral or 19% in euro terms to ? 2.9 billion. Net income
attributable to shareholders reached ? 295 million (2009: ? 13 million) in the
first six months and ? 126 million in the second quarter (2009: ? 9 million).
Diluted earnings per share amounted to ? 1.41 for the half year (2009: ? 0.10)
and ? 0.60 for the quarter (2009: ? 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.

***

Contacts:

Media Relations                              Investor Relations
Jan Runau                                   John-Paul O'Meara
Chief Corporate Communication Officer                      Vice President
Investor Relations
Tel.: +49 (0) 9132 84-3830                        Tel.: +49 (0) 9132 84-2751

Katja Schreiber                                     Dennis Weber




Senior Corporate PR Manager                           Senior Investor Relations
Manager
Tel.: +49 (0) 9132 84-3810                        Tel.: +49 (0) 9132 84-4989

Kirsten Keck
Corporate PR Manager
Tel.: +49 (0) 9132 84-6207

Please visit our corporate website: www.adidas-Group.com


[HUG#1433643]



--- End of Message ---

adidas AG
Adi-Dassler-Straße 1 Herzogenaurach Germany


Listed: Regulierter Markt in Frankfurter Wertpapierbörse;


AD-HOC: adidas Group preliminary half year sales and earnings: http://hugin.info/139192/R/1433643/379439.pdf



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All reproduction for further distribution is prohibited.

Source: adidas AG via Thomson Reuters ONE


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Bereitgestellt von Benutzer: hugin
Datum: 22.07.2010 - 18:40 Uhr
Sprache: Deutsch
News-ID 24324
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contact information:
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Herzogenaurach



Kategorie:

Business News



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Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).

Nine Months 2009 Results: ...

Significant improvement in financial position in the first nine months of 2009 * Currency-neutral inventories down 8% versus the prior year * Net borrowings reduced by 12% versus the prior year * Currency-neutral Group sales decline 7% in Q3 ...

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