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Adidas reports Strong Results for 2024

Full Year 2024 Currency-neutral sales increase 12%; significantly better than initially expected Gross margin improves 3.3pp to 50.8% despite significant negative currency effects Operating profit increases by more than € 1 billion to € 1,337 million Net income from continuing operations reaches € 824 million Outlook for FY 2025: Currency-neutral revenues to increase at a high-single-digit rate, reflecting continued double-digit growth for the adidas brand Operating profit to…