Wednesday, March 7, 2012

Adidas 2011 Report


Here is a little insight of what Adidas in the year of 2011 and what they are planning for the year of 2012. 

Q4 2011 highlights:
  • Currency-neutral Group sales up 11%
  • Brand adidas sales increase 14% currency-neutral
  • North America grows 19% currency-neutral
  • Comparable Retail store sales up 11% currency-neutral

Full year 2011 highlights:
  • Currency-neutral Group sales up 13% to a new record level of more than € 13.3 billion
  • Group sales up in all regions, channels and brands
  • adidas and TaylorMade-adidas Golf sales increase 14% and 16%, respectively
  • Net income increases 18% to a record level of € 671 million
  • Net cash position of € 90 million at year-end

Outlook
  • adidas Group expects continued momentum in 2012
  • Group sales to increase at a mid- to high-single-digit rate
  • Operating margin to improve to a level approaching 8.0%
  • Earnings per share to be in the range of € 3.52 to € 3.68
  • Management to propose a 25% higher dividend of € 1.00 per share

Here is the site that you can visit to get more information about Adidas and what they did for the year. 

http://www.adidas-group.com/en/pressroom/archive/2012/07March2012.aspx

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