Business description: adidas AG

adidas AG is one of the world leaders in the design, manufacturing and marketing of sports equipment and articles. The group's products are sold primarily under the following brands: adidas, TaylorMade and Reebok. Net sales (before intragroup eliminations) break down by family of products as follows:

- shoes (59%);

- clothing (34.7%);

- sports equipment (6.3%): golf equipment (golf clubs, balls, gloves, metal clubs, etc.; No. 1 worldwide; TaylorMade and Maxfli), bags, balls, etc.

At the end of 2024, the products are marketed through a network of 1,933 stores worldwide.

Net sales are distributed geographically as follows: Europe (32%), North America (21.7%), China (14.7%), Latin America (11.7%), Japan and South Korea (5.9%) and other (14%).

Number of employees: 54,040

Sales by Activity: adidas AG

Fiscal Period: December20202021202220232024

Europe

5.32B - - - 7.55B

North America

4.76B 5.1B 6.4B 5.22B 5.13B

Greater China

- 4.6B 3.18B 3.19B 3.46B

Emerging Markets

998M - - - 3.31B

Latin America

1.16B 1.45B 2.11B 2.29B 2.77B

Japan/south Korea

- - - - 1.34B

Other Business Segments

476M 145M 150M 155M 104M

Europe, Middle East, Africa

- 7.76B 8.55B 8.24B -

Asia Pacific

6.55B 2.18B 2.24B 2.25B -

Russia/CIS

584M - - - -

HQ / Consolidation

- - -117M 83M 21M
See all business segments

Geographical breakdown of sales: adidas AG

Fiscal Period: December20202021202220232024

Europe

5.49B - - - 7.59B

North America

4.92B 5.11B 6.4B 5.22B 5.13B

Greater China

- 4.6B 3.2B 3.21B 3.48B

Emerging Markets

1B - - - 3.31B

Latin America

1.16B 1.45B 2.11B 2.29B 2.76B

Japan/south Korea

- - - - 1.41B

EMEA

- 7.89B 8.57B 8.45B -

Asia-Pacific

6.69B 2.19B 2.24B 2.25B -

Russia/CIS

584M - - - -
See all geographic segments

Executive Committee: adidas AG

Manager TitleAgeSince
Chief Executive Officer 60 31/12/2022
Chief Executive Officer 57 10/11/2022
Chief Tech/Sci/R&D Officer - -
Corporate Officer/Principal 42 31/12/2012
Corporate Officer/Principal 60 31/12/1991
See ADIDAS AG governance

Composition of the Board of Directors: adidas AG

Director TitleAgeSince
Director/Board Member 60 08/05/2019
Director/Board Member 54 14/06/2016
Director/Board Member 64 14/06/2016
Chairman 59 10/08/2020
Director/Board Member 65 08/05/2019
Director/Board Member 58 08/05/2019
Director/Board Member 45 10/08/2020
Director/Board Member 63 11/05/2021
Director/Board Member 42 31/12/2021
Director/Board Member 51 31/08/2022
Composition of the Board of Directors

Shareholders: adidas AG

NameEquities%Valuation
Norges Bank Investment Management
4.632 %
8,336,802 4.632 % 2 077 M €
Groupe Bruxelles Lambert SA (Investment Company)
3.509 %
6,315,689 3.509 % 1 574 M €
3.344 %
6,019,247 3.344 % 1 500 M €
Flossbach von Storch SE
2.828 %
5,091,145 2.828 % 1 269 M €
0.8061 %
1,450,916 0.8061 % 362 M €
NameEquities%Valuation
Hantz Financial Services, Inc.
0.008646 %
31,127 0.008646 % 4 M €
Mar Vista Investment Partners LLC
0.008099 %
29,157 0.008099 % 4 M €
Madison Asset Management LLC
0.00519 %
18,683 0.00519 % 2 M €
BTG Pactual WM Gestão de Recursos Ltda.
0.005139 %
18,500 0.005139 % 2 M €
RhumbLine Advisers LP
0.002682 %
9,655 0.002682 % 1 M €
List of ADIDAS AG shareholders

Holdings: adidas AG

NameEquities%Valuation
1,450,916 0.81% 361,549,971 $
394,218 0.75% 218,397 $

Company details: adidas AG

adidas AG

Adi-Dassler-Strasse 1

91074, Herzogenaurach

+49 91 32 84 0

http://www.adidas-group.com
address adidas AG(ADS)

Group companies: adidas AG

NameCategory and Sector
Specialty Stores
Wholesale Distributors
adidas Insurance & Risk Consultants GmbH
Adidas Poland SP zoo
adidas International Property Holding BV
See all subsidiaries

Sports & Outdoor Footwear

Change 5d. change 1-year change 3-years change Capi.($)
+1.09%-2.30%-11.66%+17.34% 40.22B
+0.47%-1.22%-37.44%-44.30% 88.25B
+1.54%+0.78%+26.22%+209.82% 17.06B
-1.58%-2.54%+36.52%+463.41% 16.06B
-2.15%-6.17%-30.91%-34.52% 3.81B
+1.50%-2.17%+11.52%-57.19% 1.84B
+0.66%+0.88%+10.31%+12.20% 1.21B
-0.03%+1.03%+36.33%+88.70% 971M
-5.05%-1.90%-17.86%-40.69% 703M
+0.26%+4.22%-2.17%-43.47% 338M
Average -0.60%-0.94%+2.09%+57.13% 17.05B
Weighted average by Cap. +0.05%-1.42%-16.43%+44.77%
See all sector performances
Trading Rating
Investor Rating
ESG MSCI
AAA
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
30
Last Close Price
195.40EUR
Average target price
253.21EUR
Spread / Average Target
+29.59%
Consensus

Quarterly revenue - Rate of surprise