First Quarter 2017 Results: adidas records strong start into the year FY 2017 outlook confirmed
Herzogenaurach, May 4, 2017 Major developments in Q1 2017: Currency-neutral revenues increase 16% Gross margin declines 0.2pp as a result of anticipated FX headwind Operating margin improves 0.9pp to 11.1% Net income from continuing operations grows 30% to € 455 million Basic EPS from continuing and discontinued operations up 29% to € 2.26 …