adidas posts impressive Q3 financial results

10 Nov '12

3 min read

"These impressive financial results reflect our relentless focus on creating the industry's most desirable brands, which we are doing through consistent product innovation, brand authentication and investment," commented Herbert Hainer, adidas Group CEO. "We have grown the bottom line faster than the top line now for the last seven quarters, which ensures we will deliver another year of record financial results for 2012."

Herbert Hainer stated: "Our results this year prove that Route 2015 is a powerful and robust strategic business plan. We are fully prepared and ready to continue in the same direction and with the same determination in 2013 as we stay focused, simplify to the maximum and implement with excellence. We have a full pipeline of game-changing product innovation and fresh brand activation that will shake up the market and yield one result - significant market share gains for our Group. And with it, we will grow our top line, improve our operating margin to around 9%, and deliver another year of significant double-digit earnings growth."

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