Tag «CCM Hockey»

adidas Completes Divestiture of CCM Hockey

September 4, 2017 Herzogenaurach / Montréal – adidas announced today that as of September 1 it has formally completed the previously announced divestiture of its CCM ice hockey business to a newly formed affiliate of Birch Hill Equity Partners. The divestiture of CCM Hockey does not impact the company’s financial outlook for the current year. …

adidas Group announces preliminary results and increases 2016 financial outlook

July 28, 2016 Herzogenaurach – The adidas Group today announced preliminary results for the second quarter of 2016. Group revenues increased 21% on a currency-neutral basis and 13% in euro terms to € 4.4 billion. As a result of a higher gross margin as well as operating expense leverage, Group operating profit increased …