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5-day change | 1st Jan Change | ||
| 227.9 EUR | +1.83% |
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+11.39% | +23.75% |
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FRANKFURT (Reuters) - Adidas on Tuesday cut its 2022 earnings target, citing a slower than expected recovery in its business in Greater China.
In an unscheduled statement, the sporting goods maker said it expected full-year net income from continuing operations to reach about 1.3 billion euros ($1.31 billion), having previously predicted the lower end of a range between 1.8 billion and 1.9 billion euros.
($1 = 0.9888 euros)
(Reporting by Ludwig Burger; Editing by David Goodman)
| 1st Jan change | Capi. | |
|---|---|---|
| +23.75% | 42.53B | |
| -13.42% | 142B | |
| +20.73% | 10.18B | |
| +53.19% | 7.71B | |
| -8.57% | 4.84B | |
| -5.01% | 3.03B | |
| +3.40% | 1.43B | |
| +31.12% | 1.15B | |
| -19.61% | 845M | |
| -10.11% | 665M |
ADIDAS AG 
