Date: 2 months ago   Category: Sport

The revenue of Adidas in Russia has grown by 7% against the background of holding World Cup 2018 — Rambler News Service


The revenue of Adidas in Russia has grown by 7% against the background of holding World Cup 2018
Photo: globallookpress.com the Income of the German producer of sportswear and equipment of Adidas in Russia in the III quarter has grown by 7%, the company reports. "Revenue in Russia and the CIS countries has grown by 7% as the sales connected with holding World Cup 2018 surpass negative effect of closing of shops within the last 12 months" — it is said in the statement. Follows from the reporting that sales of Adidas in the region for the III quarter have made €166 million. Consolidated revenues of Adidas for the III quarter have grown by 3,5% — to €5,87 million, and net profit has increased for 25,1% — up to €659 million. Following the results of 9 months 2018 of sale of Adidas have grown by 3,2% — to €16,68 billion, and in Russia and the CIS — €463 million, having increased by 1,9% without an exchange difference. The general net profit of group for January-September has made €1,6 billion, having increased by 40%. World Cup 2018 has taken place in Russia in the summer of 2018. French national team became the winner, Russia has reached one fourth finals. Adidas is an official sponsor of FIFA and also Russian national team and some other the national teams participating in World Cup 2018.

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