Adidas reported a 12% increase in global revenue for 2024, reaching EUR 23.683 billion on a currency-neutral basis. Operating profit rose by over EUR 1 billion to EUR 1.337 billion, while the gross margin improved by 3.3 percentage points to 50.8%. In Q4 2024, Adidas posted revenue of EUR 5.965
Adidas has released its preliminary financial report for Q3 2024, estimating revenue at €6.44 billion, slightly below analysts’ expectations of €6.45 billion. The company achieved a gross profit margin of 51.3%, surpassing the forecast of 50.5%. Operating profit stood at €598 million, exceeding the expected €558.6 million. Notably, the third-quarter results included