Clothing & Shoes

Adidas raises FY profit guidance amid strong Q1

As a result of the better-than-expected performance during the quarter, the company now expects currency-neutral revenues to increase at a mid- to high-single-digit rate in 2024

Adidas has upped its profit guidance for the year after it revealed its Q1 profits increased to €336m (£287m), up from €60m (£51m) the previous year.

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