CCM Hockey Archive

adidas Completes Divestiture of CCM Hockey

September 4, 2017 Herzogenaurach / Montréal – adidas announced today that as of September 1 it has formally completed the previously announced divestiture of its CCM ice hockey business to a newly formed affiliate of Birch Hill Equity Partners. The divestiture of CCM Hockey does not impact the company’s financial outlook for the current year.

adidas Group announces preliminary results and increases 2016 financial outlook

July 28, 2016   Herzogenaurach – The adidas Group today announced preliminary results for the second quarter of 2016.   Group revenues increased 21% on a currency-neutral basis and 13% in euro terms to € 4.4 billion. As a result of a higher gross margin as well as operating expense leverage, Group operating profit increased