Report
Andreas Riemann ...
  • Martin Marandon-Carlhian

Adidas : Momentum to accelerate in Q4

>Accelerating momentum in Q2 and H2 2021 - Early August, adidas reported good results for Q2 2021 and revised up its FY 2021 outlook. While Europe and North America showed a very strong trend, sales in Greater China declined mainly due to a weak April following the discussion around sourcing from Xinjiang but recovered thereafter. The increased guidance although in part expected from the stock market implies accelerated growth in H2 2021 on a two-year view. While the...
Underlying
Adidas AG

ACM Managed Dollar Income Fund is a non-diversified, closed-end management investment company. This closed-end investment fund is designed for investors who seek high current income and capital appreciation. In order to achieve this objective, Co. invests primarily in high-yielding, U.S. and non-U.S. fixed income securities, denominated in U.S. dollars, that it expects to benefit from improving economic and credit fundamentals. Co. may utilize leverage through the investment techniques of reverse repurchase agreements and dollar rolls. As of Sept 30 2007, Co. had total assets of $192,614,325 and investment portfolio totalled $178,906,534.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Andreas Riemann

Martin Marandon-Carlhian

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch