Adidas triples profit, targets further increase in 2022
Turning away from the Russian market due to the Ukraine War costs the sporting goods company this year up to 250 million euros turnover. Group-wide sales should nevertheless be currency-adjusted by eleven to 13 percentas Adidas announced on Wednesday in Herzogenaurach.
With Russia it would have been one percentage point more. The company did not comment on the impact on earnings. Adidas is targeting a profit from continuing operations of 1.8 to 1.9 billion euros for 2022. At the beginning of the week, the company decided to close its approximately 500 stores in Russia for the time being.
Over the past year, profit has increased 1.49 (0.46) billion euros more than tripled compared to the first Corona year 2020. Currency-adjusted sales rose by 16 percent to 21.2 billion euros, but missed the forecast that was scaled back in autumn due to lockdowns in the factories in Vietnam and the resulting supply bottlenecks.
In the fourth quarter, sales even fell by three percent. The shareholders should Dividend increased to EUR 3.30 (3.00). obtain.