Adidas: expects 6%-8% sales growth in 2020
(CercleFinance.com) - Announced this morning, Adidas' 2019 results included a 16% increase in net profit to 1.
98 billion euros.
Net sales increased by 7.9% to 23.64 billion euros. Operating profit also rose (+12.4%) to 2.7 billion euros.
Regarding its outlook, the sporting equipment giant expects 2020 Currency adjusted sales growth of between 6% and 8%, for net profit from continuing operations that is up by 10% to 13%.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
98 billion euros.
Net sales increased by 7.9% to 23.64 billion euros. Operating profit also rose (+12.4%) to 2.7 billion euros.
Regarding its outlook, the sporting equipment giant expects 2020 Currency adjusted sales growth of between 6% and 8%, for net profit from continuing operations that is up by 10% to 13%.
Copyright (c) 2020 CercleFinance.com. All rights reserved.