adidas AG ADR (ADDYY) CEO Kasper Rorsted on Q2 2018 Results - Earnings Call Transcript

Aug. 09, 2018 3:30 PM ETadidas AG (ADDYY)
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adidas AG ADR (OTCQX:ADDYY) Q2 2018 Earnings Conference Call August 9, 2018 9:00 AM ET


Sebastian Steffen - VP of IR

Kasper Rorsted - CEO

Harm Ohlmeyer - CFO and Executive Board Member


Antoine Belge - HSBC

Fred Speirs - UBS

John Guy - MainFirst

Piral Dadhania - RBC Capital Markets

Jürgen Kolb - Kepler Cheuvreux

Omar Saad - Evercore

Zuzanna Pusz - Berenberg

Andreas Inderst - Macquarie

Erinn Murphy - Piper Jaffray

Stan Holman - Citi

Simon Irvin - Credit Suisse

John Kernan - Cowen


Good day, and welcome to the adidas Conference Call for the First Half Year 2018 Results. Today's conference is being recorded.

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

Sebastian Steffen

Thank you very much, Bettina, and good afternoon, ladies and gentlemen. Also, a warm welcome from my side to our second quarter results conference call. Thank you very much for joining us at a little bit different time and from a different location this time. Our presenters today here in London our CEO, Kasper Rorsted; and our CFO, Harm Ohlmeyer.

Before I will hand over to Kasper in a second, I will as always quickly run through a couple of housekeeping items. As always, I would like to ask you to limit your questions to two, and also as always please keep in mind that all figures that we will be talking about will be stated on a currency neutral basis and will be discussed for our continued business activities.

And with that, I would like to hand over to you, Kasper.

Kasper Rorsted

Thank you very much, and again also from my side, welcome to our second quarter call of 2018. The agenda is I will take you through the business highlights. Harm

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