Financial reporting

Adidas posts strong results, but warns about coronavirus impact

2020-03-11T19:09:00

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The year 2019 was a pretty good one for the Adidas Group. On March 11, the company reported revenue gains in all the regions, with Europe returning to growth, and strong increases in direct-to-consumer sales, while profit margins improved. However, the share price tumbled by about 10 percent as the ...

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