Adidas : Final Q3 in line with prelims, outlook confirmed
>Some 14% underlying top-line growth and 9% EBIT margin - Today adidas reported final results for Q3 2024 in line with prelims which were out on 15 October. Sales rose 10% at constant FX and even 14% excluding Yeezy effects. Regions including Yeezy: Europe (+18%), LatAm (+28%) and Emerging markets (+16%) did well. China (+9%) was good and North America improved as well (-7% including Yeezy and growing excluding Yeezy). Segments: Footwear +14% and Apparel +5%. Moreover...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.
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.
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