adidas: turnover down 16% (€19.8bn) and net profit down 78% (€429m) in 2020
adidas Group has posted a turnover of €19.84bn for the financial year 2020 (01/01 to 31/12/2020) hit by the Covid-19 pandemic, down 16% versus 2019 (€23.6bn) at constant perimeter, announced the German equipment manufacturer on 10/03/2021.
adidas posted an operating profit of €751m, down 71.7% compared to 2019 (€2.6bn). The group's net profit...