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home / articles / adidas boosts outlook on strong q1 results details b mwn benzinga

ADDYY - Adidas Boosts Outlook On Strong Q1 Results: Details | Benzinga

Adidas AG ADR - Level I

Adidas AG (OTC:ADDYY) reported preliminary results for the first quarter of 2024, with an 8% increase in currency-neutral revenues. In euro terms, revenues grew 4% to €5.458 billion in the quarter.

The company's gross margin improved 6.4% points to 51.2% during the quarter compared to 44.8% last year.

Operating profit marked a significant ...

Full story available on Benzinga.com
Stock Information
Company Name: Adidas AG ADR - Level I
Stock Symbol: ADDYY
Market: OTC
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