Great quarter at Adidas

The German Adidas sports equipment and apparel group increased its annual profit forecast again after its last quarterly profit record.

In the July-September third quarter, Adidas has a 3.7 billion eursos sales revenue, compared to the 3.5 billion euros of the third quarter of 2010. The operating profit increased to 441 million euros from 411 million euros, while profit became 303 million euros after the 266 million euros of the last year. The results met the analysts' expectations – reports Világgazdaság Online.