Thursday, March 3, 2016

Adidas earned more in 2015 – Dividend increases – SPIEGEL ONLINE

The sporting goods manufacturer Adidas will again pay a higher dividend to its shareholders. For 2015, the shareholders will receive 1.60 euros per share, the Group from Herzogenaurach informed. 2014 Adidas had paid 1.50 euros per share to the shareholders.

2016, the company expects strong growth in sales and profits. Group revenues to rise by ten to twelve percent, the company from Herzogenaurach informed. The profit should also climb to ten to twelve percent and reached 800 million euros.

figures for the last year had already submitted in February Adidas. The sales before currency effects increased 2015 accordingly by ten percent to 16.9 billion euros. Earnings from continuing operations excluding special charges in Russia and Latin America grew by twelve percent to 720 million euros.

First of all the good shops around the house brand Adidas and the strong demand from Western Europe and China bolstered earnings. The group belongs beside the house brand Reebok among others. Thus the outgoing Adidas boss Herbert Hainer finished his last full financial year with an unexpectedly strong growth in sales and profits. Hainer will give up his post on 1 October of the previous Henkel CEO Kasper Rorsted.

In the meantime, Adidas is counting on the European Football Championship and the Olympic Games in Rio de Janeiro. However, given increasing costs Adidas will not guarantee increasing profitability: The operating margin will “remain at least stable compared to last year,” Hainer announced. eliminated amortization of goodwill, the return was last year at 6.5 percent.

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