Corre Adidas in the first quarter of the year: i revenues of the sportswear house recorded a progress of 14%, to 3,8 billion euros, while net income rose by Present in several = 38%, 289 million. “The group – reads a note – benefited in the first three months of this year from reduction of its costs and the high demand in Asia. "
Adidas has warned of irregularities at the subsidiary's Indian division Reebok will likely result in a maximum pre-tax charge 125 million.
Estimates for 2012 are up. THEUseful net is now expected to grow by 12-17%, while revenues are estimated to increase by around 10%. Adidas had previously forecast a 10-15% increase in net profit and 5-9% increase in revenue.
