Adidas AG Reports Impressive Q1 2025 Financial Performance

Adidas AG has announced a remarkable start to 2025, with net sales reaching €6.15 billion in the first quarter. This represents a 12.7% increase compared to the same period last year, slightly surpassing the company's preliminary estimates.

Significant Growth in Net Income and Earnings Per Share

The company reported a staggering 151.3% rise in net income attributable to shareholders, totaling €428 million. Net income from continuing operations also saw a dramatic increase of 155.3% year on year, amounting to €436 million. Diluted earnings per share (EPS) from continuing operations leaped by 154.1% to €2.44, while diluted EPS from continuing and discontinued operations soared by 151.3% to €2.40.

Operating Profit and Margin Highlight Company's Potential

Operating profit stood at an impressive €610 million, marking an 81.7% increase from the first quarter of 2024. The operating margin reached 9.9%, showcasing the company's strong performance and potential for growth.

CEO Bjorn Gulden commented on the results, "Double-digit growth across all markets and channels in today’s volatile environment shows the strength of our brand and underlines the great job our people are doing. The operating profit of €610 million and the 9.9% operating margin prove the great potential of our company. A great quarter!"