Adidas has doubled its profits

By: trademagazin Date: 2011. 03. 02. 12:30

Adidas carried out record sized sales and more than doubled its profits, thanks to last year's football World Cup.

Beside the World Cup in South Africa, the German company also benefited from the improved results of Reebok. The 12 billion euros revenue is higher than ever, and increased by 15.5 percent compared to 2009. The after-tax profit increased to 567 million from the former 245 million euros – reports Világgazdaság Online, after MTI.

Related news