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Adidas (Financials)

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Adidas delivered sales “significantly above initial expectations” for the year ended 31 December 2023 (FY2023). Revenues fell 4.8% to €21.4bn (£18.6bn) in FY2023 although flat in constant currency, with the retailer impacted by more than €1bn of unfavourable currency movements. It said these are “expected to continue to weigh on ...

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