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Adidas AG Reaffirms Long Term Revenue Guidance-Reuters

Thursday, 10 Oct 2013 12:11pm EDT 

Reuters reported that Adidas AG is confident it will achieve its fiscal 2015 targets on the back of a profits next year, its Chief Executive told a German newspaper. Route 2015 is the name given to the Company's long-term strategic plan announced in fiscal 2010 which targets sales of EUR17 billion ($23 billion) by fiscal 2015. According to I/B/E/S Estimates, analysts on average are expecting the Company to report revenue of EUR14.6 billion for fiscal 2013; revenue of EUR15.7 billion for fiscal 2014 and revenue of EUR16.6 billion for fiscal 2015. 

Company Quote

-0.15 -0.26%
23 Dec 2014