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adidas AG

ADSGn.DE

Latest Trade

239.00EUR

Change

6.00(+2.58%)

Volume

1,042,586

Today's Range

232.50

 - 

240.00

52 Week Range

162.20

 - 

317.45

As of on the XETRA ∙ Minimum 15 minute delay

Latest Developments

Adidas Receives Approval For Syndicated Loan Through KfW

April 14 (Reuters) - ADIDAS AG <ADSGn.DE>::RECEIVES APPROVAL FOR SYNDICATED LOAN THROUGH KFW.YET TO BE CONCLUDED SYNDICATED LOAN COMPRISES A LOAN COMMITMENT OF EUR 2.4 BILLION FROM KFW AND EUR 600 MILLION IN LOAN COMMITMENTS FROM A CONSORTIUM OF COMPANY'S PARTNER BANKS.SYNDICATED REVOLVING LOAN FACILITY AMOUNTING TO EUR 3.0 BILLION.ONE OF CONDITIONS OF SYNDICATED LOAN IS THAT ADIDAS DE FACTO SUSPENDS DIVIDEND PAYMENTS FOR DURATION OF FACILITY.: ADIDAS RECEIVES APPROVAL FOR SYNDICATED LOAN THROUGH KFW.FURTHER DEVELOPMENT OF CORONAVIRUS OUTBREAK AND ITS IMPACT ON COMPANY'S BUSINESS CANNOT BE PREDICTED AT THIS POINT IN TIME.STILL NOT ABLE TO PROVIDE AN OUTLOOK FOR FULL YEAR 2020 THAT INCLUDES THIS IMPACT.

Adidas sees 50-70 mln euro sales hit if Olympics, Euro postponed

March 11 (Reuters) - Adidas AG <ADSGn.DE>::ADIDAS CEO SAYS DOES NOT EXPECT MUCH CATCH-UP BUYING IN CHINA POST-CORONAVIRUS.ADIDAS CEO NO PLANS TO CUT JOBS BECAUSE OF CORONAVIRUS, CONTINUING TO INVEST.ADIDAS CFO SAYS WILL NOT BECOME LOSS-MAKING IN Q1, NOTES HAS NEVER HAD STRONGER BALANCE SHEET, CASH POSITION.ADIDAS CFO SAYS SEE SPILLOVER FROM CORONAVIRUS IN EUROPE BUT TOO EARLY TO GIVE GUIDANCE ON IMPACT.ADIDAS CEO SAYS IF OLYMPICS OR EURO 2020 POSTPONED, THIS COULD HAVE 50-70 MLN EUROS IMPACT ON REVENUE.ADIDAS CEO SEES TRAFFIC SLOWDOWN IN STORES IN EUROPE, NOTABLY IN ITALY, BUT NOT YET BUSINESS IMPACT.ADIDAS CEO SAYS WILL CONTINUE WITH SHARE BUYBACKS.

Adidas says coronavirus to cut Q1 group sales by more than 10%

March 11 (Reuters) - Adidas AG <ADSGn.DE>::ADIDAS EXPECTS Q1 GROUP SALES TO BE MORE THAN 10% BELOW PRIOR YEAR DUE TO CORONAVIRUS - PRESENTATION.ADIDAS SAYS EXPECTS CORONAVIRUS TO ONLY CAUSE A TEMPORARY DIP IN 2020 BEFORE RETURN TO GROWTH.ADIDAS EXPECTS Q1 SALES IN JAPAN AND SOUTH KOREA TO BE ABOUT 100 MILLION EUROS BELOW PRIOR YEAR.ADIDAS EXPECTS REST OF WORLD Q1 SALES TO GROW CURRENCY NEUTRAL 6-8%.

Adidas Announces 2020 Share Buybacks Worth Up To €1 Bln

Jan 7 (Reuters) - Adidas AG <ADSGn.DE>::ADIDAS CONTINUES SHARE BUYBACK PROGRAM WITH THIRD TRANCHE.ANNOUNCES START OF THIRD TRANCHE OF ITS CURRENT MULTI-YEAR SHARE BUYBACK PROGRAM INITIALLY ANNOUNCED IN MARCH 2018 AND INTENDS TO REPURCHASE OWN SHARES WORTH UP TO € 1.0 BILLION IN 2020.

Adidas Completes Second Tranche Of Share Buyback Program

Dec 19 (Reuters) - Adidas AG <ADSGn.DE>::COMPLETES SECOND TRANCHE OF SHARE BUYBACK PROGRAM.COMPLETES SECOND TRANCHE OF SHARE BUYBACK PROGRAM; TOTAL CASH RETURN TO SHAREHOLDERS AGAIN € 1.5 BILLION IN 2019.AVERAGE PURCHASE PRICE PER SHARE WAS € 252.80..

Adidas Discontinues Production At Speedfactories in Germany, U.S.

Nov 11 (Reuters) - Adidas AG <ADSGn.DE>::ADIDAS DEPLOYS SPEEDFACTORY TECHNOLOGY AT ASIAN SUPPLIERS BY END OF 2019.PRODUCTION AT THE ANSBACH AND ATLANTA SPEEDFACTORIES WILL BE DISCONTINUED.STARTING AT THE END OF THIS YEAR, ADIDAS WILL USE ITS SPEEDFACTORY TECHNOLOGIES TO PRODUCE ATHLETIC FOOTWEAR AT TWO OF ITS SUPPLIERS IN ASIA.COMPANY EXPECTS THIS TO RESULT IN BETTER UTILIZATION OF EXISTING PRODUCTION CAPACITY AND MORE FLEXIBILITY IN PRODUCT DESIGN.

Adidas CEO expects 2019 sales up around 6.5%

Nov 6 (Reuters) - Adidas AG <ADSGn.DE>::ADIDAS CEO SAYS HE EXPECTS CONTINUED POSITIVE DEVELOPMENT IN EUROPE DUE TO UPCOMING EUROPEAN SOCCER CHAMPIONSHIP.ADIDAS CEO SAYS SUPPLY CHAIN ISSUES WILL ONLY HAVE MINIMAL IMPACT IN Q4.ADIDAS CEO SAYS HE EXPECTS 2019 NET SALES TO RISE ABOUT THE MIDPOINT OF GUIDANCE, AROUND 6.5%.ADIDAS CEO SAYS U.S. TARIFFS ON CHINA HAVE LITTLE IMPACT ON BUSINESS, MORE WORRIED ABOUT CURRENCY WAR.ADIDAS CFO SAYS CO WILL REACT TO U.S. TARIFFS ON CHINA WITH SLIGHT PRICE HIKES IN U.S. MARKET IF TARIFFS CONTINUE.ADIDAS CEO SAYS UNREST IN HONG KONG HAS SIGNIFICANT IMPACT ON STORES THERE, BUT IT IS LESS THAN 1% OF ADIDAS BUSINESS.

Adidas more worried about US-China currency war than trade

Aug 8 (Reuters) - Adidas AG <ADSGn.DE>::ADIDAS CEO SAYS EXPECTS EUROPE TO RETURN TO GROWTH BY END OF YEAR, U.S. SUPPLY SHORTAGES OVER BY YEAR END.ADIDAS CEO SEES Q3 GROWTH FASTER THAN Q2 AND Q4 TO BE FASTER THAN Q3.ADIDAS CEO SAYS MORE WORRIED ABOUT CURRENCY WAR BETWEEN U.S. AND CHINA THAN ABOUT TRADE WAR.ADIDAS CEO SAYS NO TALKS GOING ON TO SELL REEBOK.

Marcolin Group And Adidas Announce License Agreement

June 25 (Reuters) - Marcolin Group::MARCOLIN GROUP AND ADIDAS ANNOUNCE LICENSE AGREEMENT.MARCOLIN GROUP - WILL DESIGN, DEVELOP, MANUFACTURE, MARKET AND SELL EYEWEAR PRODUCTS UNDER ADIDAS BADGE OF SPORT AND ORIGINALS LABELS..MARCOLIN GROUP - PARTNERSHIP, STRETCHING UNTIL 2024, WILL SEE FIRST EYEWEAR PRODUCTS HIT MARKET BEGINNING IN 2020..

Adidas Aims For Organic Growth, Not Big Acquisitions - CEO

May 9 (Reuters) - Adidas AG <ADSGn.DE> at AGM::BIGGER ACQUISITIONS NOT ON THE AGENDA, FOCUSING ON ORGANIC GROWTH INSTEAD.SLIGHT INCREASE OF EUROPE SALES THIS YEAR.AIM TO BUY BACK OWN SHARES WORTH 800 MILLION EUR THIS YEAR.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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