adidas AG (ADSGn.DE)
Latest Key Developments (Source: Significant Developments)
Adidas AG:Management to propose dividend of 1.50 euros per share.FY 2015 currency-neutral group sales to increase at mid-single-digit rate.FY 2015 net profit from continuing operations should increase by 7-10 pct.FY 2015 revenue 15,539 million euros - Thomson Reuters I/B/E/S.FY 2015 net profit 696.59 million euros - Thomson Reuters I/B/E/S. Full Article
MONACO Japanese sportswear giant Asics Corp will take over from Adidas as the official sponsor of the International Association of Athletics Federations (IAAF), a source with knowledge of the deal told Reuters on Friday.The IAAF is expected to announce the deal on Saturday. Adidas, who had signed an 11-year sponsorship deal with the IAAF that was set to run until 2019, said on Friday it was ending the deal three years early.