Adidas Finishes 2025 Strong, despite Rising ForEx Pressure
The Big a said that preliminary unaudited revenue last year increased 5% on a reported basis to €24,811 million ($27,878 mm) from €23,683 million, and was up 10% constant currency, reflecting a €1 million headwind from the strengthening euro. The top line grew 13% CC, excluding the prior year’s €650 million in leftover Yeezy sales. About 80 basis points of gross margin expansion to 51.6% helped contribute to a 54% jump in operating profit to €2,056 million ($2,310 mm) ... Log in to view full article.
