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RSS Feedsadidas delivers strong operational and financial performance in 2017
(WorldNews Africa)

 
 

14 march 2018 08:37:53

 
adidas delivers strong operational and financial performance in 2017
(WorldNews Africa)
 




Major developments in FY 20171 2: Currency-neutral revenues increase 16% Operating margin increases 1.2pp to 9.8% Net income from continuing operations grows 32% to EUR 1.430 billion Basic EPS from continuing operations increases 31% to EUR 7.05 Management proposes dividend of EUR 2.60 per share Outlook2: Currency-neutral sales to increase by around 10% Operating margin to increase to between 10.3% and 10.5% Net income from continuing operations to increase between 13% and 17% 2020 profitability target upgraded: Net income from continuing operations now expected to increase between 22% and 24% on average per year (2015-2020) 2017 was a strong year - financially and operationally. We made great...
 
6 viewsCategory: General > Africa
 
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