- Adidas (OTCQX:ADDYY, OTCQX:ADDDF) gave a presentation to investors today in Germany.
- The company said it expects to grow its football business (soccer) by a mid-single-digit rate over the next five years, boosted by new footwear product introductions.
- Revenue in the running business is expected to double on a currency-neutral basis by 2020.
- Management outlined other measures on the cost side to help boost net income by 15% a year on average over the next five years.
- Adidas Growth Plan