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And our operating border will expand to no less
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Registrato: 28/01/19 09:06
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uptonaddison is offline 

MessaggioInviato: Lun Gen 28, 2019 9:50 am    Oggetto:  And our operating border will expand to no less
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Around the performance of
TaylorMade-adidas Golf in 2007 and in regards to the priorities for this business moving forward......strives to be the best performance golf business in the world....adidas Golf sales of footwear and apparel mature at double-digit rates for that fifth consecutive year.

Segment like-for-like sales, excluding the effects of the Greg Norman Assortment wholesale business divestiture, grew 9 % with a currency-neutral basis, driven by increases every one major categories. For 08, increasing profitability is your top priority....We sold Maxfli
because we now have every one of the know-how we need to be successful in the high quality golf ball category. We are focused on growing your core golf brands: TaylorMade as well as adidas Golf.

About the financial effectiveness in 2008 (after a good 2007...):
...We expect high-single-digit currency-neutral income growth - driven by improvements at all of our brands. Gross margin will probably range between 47. YOUR FIVE % and 48 PER-CENT. And our operating border will expand to no less than 9. 5 %. Through
this strong operational efficiency, we will increase net income by no less than 15 %.

In 2008 you will see additional costs related for the year's major sporting situations. And the company will continue using the share buyback program. Adidas should be able to deliver earnings improvement of at the least 15 % -" marking our
eighth consecutive year regarding double-digit earnings growth. "

Given that completing the Reebok buy (Q1 2006) Adidas offers reduced net borrowings through around EUR 1. 3 billion. The financial leverage towards the end of 2007 is 58. 5 %. "We now have flexibility to deliver more aggressive
shareholder returns. " Total dividend will probably be increased by 19 NOUGHT PER CENT, " we will returning more to shareholders in 2008 than before. ".
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MessaggioInviato: Lun Gen 28, 2019 9:50 am    Oggetto: Adv

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