Key Developments: adidas AG (ADSGn.DE)

ADSGn.DE on Xetra

11:35am EDT
Change (% chg)

€-0.57 (-0.77%)
Prev Close
Day's High
Day's Low
Avg. Vol
52-wk High
52-wk Low

Search Stocks

Latest Key Developments (Source: Significant Developments)

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.  Full Article

Adidas AG reaffirms FY 2015 sales guidance; comments on FY 2014 sales guidance - Reuters
Tuesday, 3 Dec 2013 07:01am EST 

Adidas AG:Says it confirmed its FY 2015 targets for sales of 17 billion euros ($23 billion) - Reuters.Says it gave a first outlook for FY 2014, predicting sales up by a high single-digit percentage in currency-neutral terms.FY 2014 revenue of $21.342 billion - Thomson Reuters I/B/E/S Estimates.  Full Article

Adidas AG Extends Contract Granting It Official Partner, Supplier and Licensee Rights for FIFA
Thursday, 21 Nov 2013 07:00am EST 

Adidas AG and FIFA announced an extension of their long-term partnership agreement granting Adidas AG the Official Partner, Supplier and Licensee rights for the FIFA World Cup and all FIFA events until 2030. The financial terms of the deal were not disclosed.  Full Article

Italia Independent Group SpA's Italia Independent Enters Into Agreement with Adidas AG
Monday, 11 Nov 2013 12:44pm EST 

Italia Independent Group SpA announced that on October 21, 2013 Italia Independent entered into an agreement with Adidas AG which, aside from being the Technical Sponsor of the Italian rugby players, since November 2012, has also been Master Licensee for F.I.R. (Italian Rugby Federation) branded products. Italia Independent has developed a pair of glasses, based on its own flagship model, the 090: the glasses designed for the FIR will become one of the products of the new range of the National team's official merchandising.  Full Article

Juventus Football Club SpA Signs Agreement With Adidas AG Subsidiary
Thursday, 24 Oct 2013 01:16pm EDT 

Juventus Football Club SpA announced that it has reached an agreement with Adidas International Marketing BV, a subsidiary of Adidas AG, for a technical sponsorship starting from 2015/2016. Adidas will be the technical sponsor of all Juventus teams for a fixed consideration of EUR 139.5 million for the six-year term. The consideration does not include the value of adidas products that will be annually supplied to the club or the programme of performance related incentives and bonuses available to the club. Adidas will manage all Juventus' licensing and merchandising activities for a fixed consideration of EUR 6 million per annum. The club may also benefit from additional royalty payments upon exceeding a threshold of sales. For the current season and the 2014/2015 season, Nike will continue in its role of technical sponsor and trademark licensee.  Full Article

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.  Full Article

Adidas AG Lowers FY 2013 Guidance
Thursday, 19 Sep 2013 01:49pm EDT 

Adidas AG announced that it expects a low-single-digit currency-neutral sales increase (previously: low- to mid-single digit increase) for the full fiscal year 2013, an operating margin of around 8.5% (previously: approaching 9.0%) and net income attributable to shareholders to increase at a mid-single-digit rate to a level of EUR 820 million to EUR 850 million (previously: EUR 890 million to EUR 920 million). According to I/B/E/S Estimates, analysts on average are expecting the Company to report fiscal year 2013 net income of EUR 882.17 million.  Full Article

Adidas AG Broadens FY 2013 Revenue Guidance To A Range In Line With Analysts' Estimates-Conference Call
Thursday, 8 Aug 2013 09:00am EDT 

Adidas AG announced that for fiscal 2013, it has widened the range for currency-neutral full-year sales forecast which now expect to grow at a low to mid single-digit rate. The Company reported revenue of EUR14.883 billion in fiscal 2012. According to I/B/E/S Estimates, the analysts are on average expecting the Company to report revenue of EUR 15.169 billion for fiscal 2013.  Full Article


Adidas begins marathon turnaround in North America

BERLIN - German sportswear company Adidas turned around its sales in North America in the first quarter, helped by a marketing campaign designed to win business from dominant rival Nike. | Video

Search Stocks