adidas AG (OTCPK:ADDYY)
$ 116.22 0.1 (0.09%) Market Cap: 41.50 Bil Enterprise Value: 45.06 Bil PE Ratio: 88.92 PB Ratio: 7.64 GF Score: 82/100
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Q1 2019 Adidas AG Earnings Call Transcript

May 03, 2019 / 01:00PM GMT
Release Date Price: $139.56 (+9.20%)
Operator

Good day, and welcome to adidas Conference Call for the First Quarter 2019 results. Today's conference is being recorded.

At this time, I'd like to turn the conference over to Mr. Sebastian Steffen. Please go ahead, sir.

Sebastian Steffen;Kasper Bo Rorsted<
adidas AG - SVP of IR

Thanks very much, Alice, and good afternoon, ladies and gentlemen. Welcome to our First Quarter Results Conference Call. Our presenters today are our CEO, Kasper Rorsted; as well as Harm Ohlmeyer, our CFO. First, Kasper and Harm will walk you through our Q1 numbers and the outlook for the remainder of the year. Afterwards, we will have time for your questions.

As always, I would ask you to limit your questions to a maximum of 2 to give as many people as possible the chance to ask the question. Just one more comment before we start. Unless otherwise stated, all top line growth rates are currency-neutral and all numbers include the impact of the IFRS 16 accounting change. And with that, I would say, we kick it off enough for me, over to you, Kasper.

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