Berlin, Oct 21, 2025 (AFP) - Adidas hikes profit forecast as contains US tariff impact

NAMPA / AFP
2025-10-21
German sportswear giant Adidas raised its 2025 earnings forecast after posting a jump in third quarter sales and claiming to have limited the impact from US tariffs. The company now expects an operating profit of around two billion euros ($2.3 billion) in 2025, up from its previous forecast of 1.7 to 1.8 billion euros. It predicted sales would rise by around nine percent -- higher than previously expected. kas/rl/jxb ...
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NKURENKURU, 20 October 2025 - Kavango West Governor, Verna Sinimbo, pictured during a live discussion on World Food Day event preparations for the Government Information Centre (GIC) at MICT Kavango West on Monday. (Photo by: Lylie Joel)
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