Company Earnings UpdateAdidas Group (ETR: ADS) FY15 Results: Strong Sales Boosted by Double-Digit Growth in Key Markets Coresight Research March 3, 2016 Executive Summary Adidas Group reported net sales of €16.9 billion in FY15, beating the consensus estimate and up 16.4% from the previous year. The growth was mainly driven by strong regional performance in Western Europe; Greater China; Latin America; and the Middle East, Africa and Asia. Net income rose by 29.3%, to €634 million, and reported EPS grew by 34.0%, to €3.15; both missed consensus estimates. The group expects strong top- and bottom-line trends to continue through FY16, and projects that sales will increase by 10%–12% at constant currency. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: US Retail Sales Outlook: Retail Sales Projections Moderate for the Holiday QuarterThree Data Points We’re Watching This Week, Week 30: US Retail and the Consumer—Latest MetricsHoliday 2025 Survey Insights: Discount Retailers Dominate Top 10 as Government Shutdown ImpactsAnalyst Corner: US Consumer Sentiment Varies by Age and Income—Uncovering Demographic Trends, with Aditya Kaushik
