Weak results for Adidas
Adidas had a poor second quarter in Western Europe, which makes the entire company's performance worse.
The second quarter revenue became 3.38 billion euros instead of the expected 3.43 billion euros. The decrease means a 3.8 percent decline compared to the same period of last year.
Although the gross profit margin was 50.1 percent, instead of the expected 49.3 percent, both the operating profit, as well as
Related news
Related news
The Fressnapf group opened a customer service center in Pécs
Fressnapf International Business Services Kft., a subsidiary of the German…
Read more >DHL arrived at the Hungaroring for the Formula 1® weekend with a doubled fleet of trucks powered by biofuel
DHL and Forma-1® are already in Mogyoród, the FORMA-1® HUNGARIAN…
Read more >Lidl became the customers’ favorite store
Once again, thanks to customers, Lidl Hungary received prestigious awards.…
Read more >