Business description: adidas AG

adidas AG is one of the world leaders in the design, manufacturing and marketing of sports equipment and articles. The group's products are sold primarily under the following brands: adidas, TaylorMade and Reebok. Net sales (before intragroup eliminations) break down by family of products as follows:

- shoes (59%);

- clothing (34.7%);

- sports equipment (6.3%): golf equipment (golf clubs, balls, gloves, metal clubs, etc.; No. 1 worldwide; TaylorMade and Maxfli), bags, balls, etc.

At the end of 2024, the products are marketed through a network of 1,933 stores worldwide.

Net sales are distributed geographically as follows: Europe (32%), North America (21.7%), China (14.7%), Latin America (11.7%), Japan and South Korea (5.9%) and other (14%).

Number of employees: 54,040

Sales by Activity: adidas AG

Fiscal Period: December 2020 (EUR) 2021 (EUR) 2022 (EUR) 2023 (EUR) 2024 (EUR)

Europe

5.32B - - - 7.55B

North America

4.76B 5.1B 6.4B 5.22B 5.13B

Greater China

- 4.6B 3.18B 3.19B 3.46B

Emerging Markets

998M - - - 3.31B

Latin America

1.16B 1.45B 2.11B 2.29B 2.77B

Japan/south Korea

- - - - 1.34B

Other Business Segments

476M 145M 150M 155M 104M

Europe, Middle East, Africa

- 7.76B 8.55B 8.24B -

Asia Pacific

6.55B 2.18B 2.24B 2.25B -

Russia/CIS

584M - - - -

HQ / Consolidation

- - -117M 83M 21M

Geographical breakdown of sales: adidas AG

Fiscal Period: December 2020 (EUR) 2021 (EUR) 2022 (EUR) 2023 (EUR) 2024 (EUR)

Europe

5.49B - - - 7.59B

North America

4.92B 5.11B 6.4B 5.22B 5.13B

Greater China

- 4.6B 3.2B 3.21B 3.48B

Emerging Markets

1B - - - 3.31B

Latin America

1.16B 1.45B 2.11B 2.29B 2.76B

Japan/south Korea

- - - - 1.41B

EMEA

- 7.89B 8.57B 8.45B -

Asia-Pacific

6.69B 2.19B 2.24B 2.25B -

Russia/CIS

584M - - - -

Executive Committee: adidas AG

Manager TitleAgeSince
Chief Executive Officer 61 2022-12-31
Chief Executive Officer 58 2022-11-10
Corporate Officer/Principal 43 2012-12-31
Corporate Officer/Principal 60 1991-12-31
Investor Relations Contact - -

Composition of the Board of Directors: adidas AG

Director TitleAgeSince
Director/Board Member 60 2019-05-08
Director/Board Member 55 2016-06-14
Director/Board Member 65 2016-06-14
Chairman 60 2020-08-10
Director/Board Member 66 2019-05-08
Director/Board Member 58 2019-05-08
Director/Board Member 45 2020-08-10
Director/Board Member 63 2021-05-11
Director/Board Member 43 2021-12-31
Director/Board Member 52 2022-08-31

Shareholders: adidas AG

NameEquities%Valuation
Amundi Asset Management SASU (Investment Management)
5.113 %
9,203,492 5.113 % 1 633 M €
Norges Bank Investment Management
4.926 %
8,867,570 4.926 % 1 573 M €
Groupe Bruxelles Lambert SA (Investment Company)
3.509 %
6,315,689 3.509 % 1 121 M €
3.344 %
6,019,247 3.344 % 1 068 M €
Flossbach von Storch SE
3.067 %
5,520,000 3.067 % 979 M €
NameEquities%Valuation
Madison Asset Management LLC
0.006262 %
22,543 0.006262 % 2 M €
Hantz Financial Services, Inc.
0.006111 %
21,999 0.006111 % 2 M €
BTG Pactual Gestão E Consultoria De Investimentos Ltda.
0.005806 %
20,900 0.005806 % 2 M €
Domini Impact Investments LLC
0.003274 %
11,786 0.003274 % 1 M €
RhumbLine Advisers LP
0.002352 %
8,467 0.002352 % 751 184 €

Holdings: adidas AG

NameEquities%Valuation
1,450,916 0.81% 257 M $
394,218 0.75% 234 489 $

Company details: adidas AG

adidas AG

Adi-Dassler-Strasse 1

91074, Herzogenaurach

+49 91 32 84 0

http://www.adidas-group.com
address adidas AG(ADS)

Group companies: adidas AG

NameCategory and Sector
Specialty Stores
Apparel/Footwear Retail
Apparel/Footwear Retail

Sports & Outdoor Footwear

Change 5d. change 1-year change 3-years change Capi.($)
+0.91%+1.37%-41.11%+10.69% 32.83B
+3.32%-1.24%-13.77%-49.56% 93.46B
+8.49%+17.32%+31.18%+472.77% 20.38B
+2.30%+4.19%-13.52%+108.61% 15.1B
-0.22%-0.75%-24.03%-46.44% 2.9B
+1.72%+2.50%+0.38%-43.60% 1.84B
+0.90%+0.72%+45.48%+55.52% 1.49B
-1.54%+2.99%+5.85%+60.14% 1.07B
-1.70%-1.39%-31.56%-27.81% 591M
-3.09%-1.48%-52.41%-45.05% 224M
Average +1.11%+2.20%-9.35%+49.53% 16.99B
Weighted average by Cap. +3.23%+2.04%-13.13%+40.61%
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
29
Last Close Price
154.95EUR
Average target price
222.18EUR
Spread / Average Target
+43.39%

Quarterly revenue - Rate of surprise