Third Quarter 2016 Results: adidas Group delivers strong financial performance in Q3 2016
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Major developments in Q3 2016 Group sales increase 17% on a currency-neutral basis Ongoing momentum at adidas (+20%) and Reebok (+7%) Double-digit growth in all markets except Russia/CIS Gross margin down 0.9pp to 47.6% as a result of increased FX headwind Operating profit improves 11% to € 563 million Net income from continuing operations grows …