EQS-Adhoc: adidas finishes successful year with better-than-expected fourth quarter results
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EQS-Ad-hoc: adidas AG / Key word(s): Quarter Results/Annual Results FOR IMMEDIATE RELEASE adidas finishes successful year with better-than-expected fourth quarter results adidas today announced preliminary results for the fourth quarter of 2024. In Q4, currency-neutral revenues increased 19%. In euro terms, the company’s revenues grew 24% to € 5,965 million (2023: € 4,812 million). Excluding Yeezy sales in both years, currency-neutral revenues increased 18%. The company’s gross margin increased 5.2 percentage points to 49.8% (2023: 44.6%). Operating profit reached € 57 million in the quarter (2023: operating loss of € 377 million). Based on preliminary unaudited numbers for the full year of 2024, the company’s currency-neutral revenues were up 12%. In euro terms, revenues increased 11% versus the prior year and reached € 23,683 million in 2024 (2023: € 21,427 million). Excluding Yeezy sales in both years, currency-neutral revenues increased 13%. The company’s gross margin improved by 3.3 percentage points to 50.8% in 2024 (2023: 47.5%), while full-year operating profit increased by more than € 1 billion to € 1,337 million (2023: € 268 million). adidas will publish its final set of financial results for 2024 and issue financial guidance for 2025 on March 5, 2025. ***
For more information, please visit adidas-group.com. adidas uses alternative performance measures (APM) in its regulatory and mandatory publications that may represent so-called non-GAAP measures. An overview of these APMs can be found at adidas-group.com/financial-publications. End of Inside Information
21-Jan-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
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| Language: | English |
| Company: | adidas AG |
| Adi-Dassler-Straße 1 | |
| 91074 Herzogenaurach | |
| Germany | |
| Phone: | +49 9132 84 0 |
| Fax: | +49 9132 84 2241 |
| Internet: | www.adidas-group.com |
| ISIN: | DE000A1EWWW0, US00687A1079, US00687P1049 |
| WKN: | A1EWWW, A0MNCC , 909676 |
| Indices: | DAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2072037 |
| End of Announcement | EQS News Service |
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2072037 21-Jan-2025 CET/CEST
Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.
| The most important financial data at a glance | ||||||||
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025e | ||
| Sales1 | 23.640,00 | 19.844,00 | 21.234,00 | 22.511,00 | 21.427,00 | 23.683,00 | 25.815,00 | |
| EBITDA1,2 | 3.845,00 | 2.079,00 | 3.066,00 | 1.874,00 | 1.358,00 | 2.465,00 | 3.150,00 | |
| EBITDA-Margin3 | 16,27 | 10,48 | 14,44 | 8,33 | 6,34 | 10,41 | 12,20 | |
| EBIT1,4 | 2.660,00 | 751,00 | 1.986,00 | 669,00 | 268,00 | 1.337,00 | 2.000,00 | |
| EBIT-Margin5 | 11,25 | 3,79 | 9,35 | 2,97 | 1,25 | 5,65 | 7,75 | |
| Net Profit (Loss)1 | 1.977,00 | 751,00 | 2.158,00 | 638,00 | -14,00 | 832,00 | 1.130,00 | |
| Net-Margin6 | 8,36 | 3,79 | 10,16 | 2,83 | -0,07 | 3,51 | 4,38 | |
| Cashflow1,7 | 2.819,00 | 1.486,00 | 3.192,00 | -543,00 | 2.630,00 | 2.910,00 | 0,00 | |
| Earnings per share8 | 9,70 | 2,15 | 7,47 | 1,25 | -0,42 | 4,24 | 6,25 | |
| Dividend per share8 | 0,00 | 3,00 | 3,30 | 0,70 | 0,70 | 2,00 | 2,50 | |
1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de
Auditor: PricewaterhouseCoopers
All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.
| INVESTOR-INFORMATION | ||||||
| ©boersengefluester.de | ||||||
| Adidas | ||||||
| WKN | ISIN | Legal Type | Marketcap | IPO | Recommendation | Plus Code |
| A1EWWW | DE000A1EWWW0 | AG | 30.150,00 Mio € | 17.11.1995 | Halten | 8FXGHWJ5+XM |
| PE 2026e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
| 23,59 | 28,89 | 0,82 | 34,46 | 6,24 | 10,36 | 1,27 |
|
Dividend '2023 in € |
Dividend '2024 in € |
Dividend '2025e in € |
Div.-Yield '2025e in % |
| 0,70 | 2,00 | 2,50 | 1,49% |
| Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
| 15.05.2025 | 29.04.2025 | 30.07.2025 | 29.10.2025 | 05.03.2025 |
| Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
| -2,74% | -12,54% | -29,27% | -30,21% | +1.827,50% |
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