ADIDAS PROFITS
Adidas AG (FRA:ADS) increased its net profit to 683 million euros.
The German manufacturer had a growth of sales on Adidas and Reebok brands.
Adidas reported that revenue for the same period rose nearly 17% to 12.748 million euros, by the weak euro. Without the favorable effects of the exchange rate of the euro turnover would have risen by 9%. Operating profit in January-September improved by 17.3% to 1,083 million euros.
The euro’s weakness also contributes to the turnover in the golf division TaylorMade, in which the company has implemented a restructuring program by falling sales in the US and Western Europe.
Ifthe positive effectsof the exchange rateare not counted, theturnover ofTaylorMadeto Septemberfell12.7% to 678 millioneuros.
Adidas chairman Herbert Hainer, revised up its revenue and profit forecasts for this year.
Read more:
http://www.adidas-group.com/en/investors/overview/
bewayopa 
Good resistance and support levels.
November 11, 2015 at 10:17 am
It looks like it found some resistance at 91.36.
November 11, 2015 at 11:03 am
Value-added products!
November 11, 2015 at 12:47 pm
Amzing company, great results.
November 11, 2015 at 8:01 pm
Excellent company, very strong.
November 12, 2015 at 12:48 am
Strong bullish trend.
November 12, 2015 at 1:13 am
Good analysis!
November 12, 2015 at 2:29 pm
Very delighting post.
November 13, 2015 at 7:31 pm
Great post, looks like the price is heading for a new 2015 high
November 15, 2015 at 4:46 pm