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adidas AG gives FY 2014 outlook and to propose dividend for FY 2013

Wednesday, 5 Mar 2014 01:31am EST 

adidas AG:Forecasts group sales to increase at high-single-digit rate on currency-neutral basis in FY 2014.Expects FY 2014 net income attributable to shareholders to be at level between 830 and 930 million euros.This represents basic earnings per share of between 3.97 and 4.45 euros.FY 2014 net income estimate 955.06 million euros - Thomson Reuters I/B/E/S.FY 2014 EPS estimate 4.54 euros - Thomson Reuters I/B/E/S.Forecasts FY 2014 operating margin to be at level between 8.5 and 9.0 pct.FY 2013 revenue of 14.492 billion euros.FY 2014 revenue estimate 15.278 billion euros - Thomson Reuters I/B/E/S.To recommend paying dividend of 1.50 euro per share for FY 2013.FY 2012 dividend was 1.35 euro per share. 

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0.91 +1.20%
6:59am EDT