The German group Adidas has revised upward estimates for 2010 after the first quarter results better than expected, with retail sales up 16% and sales at 1%. Thanks to the positive impact of the next World Cup, sportswear giant announced expectations for revenue growth this year (at the same exchange rates) around 4-6% and a gross margin of 46 , 5% - 47.5%
martedì 4 maggio 2010
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GERMANIA, ADIDAS EFFETTO MONDIALE AUMENTERA' LE VENDITE - GERMANY, WORLD CUP WILL INCREASE ADIDAS' SALES
GERMANIA, ADIDAS EFFETTO MONDIALE AUMENTERA' LE VENDITE - GERMANY, WORLD CUP WILL INCREASE ADIDAS' SALES
The German group Adidas has revised upward estimates for 2010 after the first quarter results better than expected, with retail sales up 16% and sales at 1%. Thanks to the positive impact of the next World Cup, sportswear giant announced expectations for revenue growth this year (at the same exchange rates) around 4-6% and a gross margin of 46 , 5% - 47.5%
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