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/
DISNEY FUNNY PROFITS
Walt Disney Co (NYSE:DIS) obtained its fiscal year 2015 net profit record of $ 8.382 million (7.709 million euros), up 11.7% from 7.501 million dollars last year.
The turnover of The Walt Disney Company reached in the year ended October, the 52.465 million dollars (48.258 million euros), up 7.5% from 48.813 million dollars (44.894 million euro) he entered the previous year.
Revenues rose 13% in the consumer products unit and 10% on TV, while the theme parks division revenue increased 7% and the film, 1%. By contrast, in interactive media it was reduced 10%.
In the fourth quarter of its fiscal year, the benefit of the American company reached 1.609 million dollars (1,480 million euros), up 7.3%, while its turnover rose 9.1% to 13.512 million dollars (12.427 million euros).
The CEO, Robert A.Iger, said that a “strong” fourth quarter completes its fifth consecutive year of record results.
He added , “in fiscal 2015 we achieved, net profit and highest adjusted earnings per share of our history, reflecting the power of our great brands and franchises, the quality of our creative content and our relentless innovation to maximize value of emerging technologies”.
Read more:
https://thewaltdisneycompany.com/investors
DAIMLER AND VOLKSWAGEN WITH PROFITS ALWAYS GOING UP
DAIMLER’s operating profit increased 41% in the first quarter.
The results improve as the search for the most popular model, Mercedes-Benz, increases faster than observed in competitors.
Revenues for the quarter totaled EUR 34,200 mn, above the expected EUR 33,500 mn.
The profit before tax increased to EUR 2930 mn exceeding the estimated by market consensus (EUR 2690 mn).
The other German giant automaker did not lag behind.
VOLKSWAGEN reported an operating profit of EUR 3300 mn, up from EUR 3140 mn expected and sales of EUR 52,700 mn (vs. EUR 50,500 mn projected).
The company estimates a 4% growth in annual revenue, pending certain conditions, and projects a sales profitability in the year between 5.5% – 6.5%.
Read more:
https://www.daimler.com/investor-relations/en
http://www.volkswagenag.com/content/vwcorp/content/en/investor_relations.html
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