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May 09, 06

Adidas sales up 40%

Sales for the Adidas group excluding Reebok increased 13 per cent. In Euro terms group revenues grew 47 per cent to Euro 2.459 billion in the first quarter of this year, from Euro 1.674 billion in 2005.

“The Adidas Group has got off to a powerful start in the first quarter of 2006,” says Adidas-Salomon AG chairman and CEO, Herbert Hainer. “Both Adidas and TaylorMade-Adidas Golf delivered excellent top and bottom-line results and Reebok sales clearly outperformed order backlogs.”

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