adidas Strong Quarter 1 Has One Hidden Issue
FY 2017 outlook confirmed Source: adidas Group – adidas records strong start into the year MAJOR DEVELOPMENTS IN Q1 2017: Currency-neutral revenues increase 16% Gross margin declines 0.2pp as a result of anticipated FX headwind Operating margin improves 0.9pp to 11.1% Net income from continuing operations grows 30% to € 455 million Basic EPS from…
