MAJOR DEVELOPMENTS IN Q1 2019:
Revenues grow 4% currency-neutral and 6% in euro terms
Gross margin increases 2.5pp to 53.6%
Operating margin improves 1.4pp to 14.9%
Net income from continuing operations grows 16%
Basic EPS from continuing operations rises 19%
We had a successful start to the year, delivering double-digit sales increases in our strategic growth areas Greater China and e-commerce as well as another strong profitability improvement.
KASPER RORSTED, ADIDAS CEO
“We confirm our full-year outlook and remain confident about the top-line acceleration in the second half of the year. 2019 will be an important milestone toward achieving our 2020 targets,” said adidas CEO Kasper Rorsted.
https://www.adidas-group.com/en/media/news-archive/press-releases/2019/adidas-records-successful-start-into-2019/
