Recently things went up for the adidas paper. In SIX SX trading, it rose by 50.9 percent to CHF 280.30. As a result, the share certificate is on the winning side in the DAX 40, which is currently at 15,425 points.
According to analyst estimates, earnings per share should amount to EUR 11.51 in 2023.
adidas AG is one of the world's leading companies in the sporting goods industry with a comprehensive product range that includes sports shoes, clothing and accessories. The products are marketed under the adidas and Reebok brands. The group relies on a large variety of articles and offers top athletes the best possible equipment as well as leisure clothing for amateurs that follows the latest fashion trends. The portfolio is therefore designed both for the mass market and for niche areas of sports and leisure clothing. When developing the products, the focus is on innovative developments such as new damping technologies, lightweight, sustainability and digital sports technologies. The company is currently planning to sell the Reebok division to Authentic Brands Group (ABG).
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