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News : Business

What’s behind Adidas’s profit growth?

By Bloomberg
03 Mar 2016   |   10:38 am   |  
Adidas AG, the German sport-shoe maker, forecast up to 12 percent increases in sales and earnings this year as consumers spend more ahead of the Euro 2016 soccer tournament. Net income from continuing operations will rise at least 10 percent excluding goodwill impairment, Adidas said in a statement Thursday.


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