adidas AG (ADDYY) CEO Kasper Rorsted on Q3 2021 Results - Earnings Call Transcript

Nov. 10, 2021 2:48 PM ETadidas AG (ADDYY), ADDDF
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Call Start: 09:00 January 1, 0000 10:12 AM ET

adidas AG (OTCQX:ADDYY)

Q3 2021 Earnings Conference Call

November 10, 2021, 9:00 AM ET

Company Participants

Sebastian Steffen – Head of Investor Relations

Kasper Rorsted – CEO

Harm Ohlmeyer – CFO

Conference Call Participants

Graham Renwick – Berenberg

Warwick Okines – Exane BNP Paribas

Elaina Mariani – Morgan Stanley

Zuzanna Pusz – UBS

Jurgen Kolb – Kepler Cheuvreux

Cedric Lecasble – Stifel

Thomas Chauvet – Citi

Omar Saad – Evercore ISI

James Grzinic – Jefferies International

Anne-Laure Bismuth – HSBC

Operator

Ladies and gentlemen, thank you for standing by. Welcome and thank you for joining the adidas AG Q3 2021 Conference Call. Throughout today's recorded presentation, all participants will be in a listen-only mode. Presentation will be followed by a question-and-answer session. [Operator Instructions] I would now like to turn the conference over to Sebastian Stephan, Head of Investor Relations. Please go ahead.

Sebastian Steffen

Thanks so much, Stuart. Good evening, good afternoon, good morning everyone, wherever you are joining us virtually today and welcome to our Q3 results conference call. Our presenters today are our CEO, Kasper Rorsted and our CFO, Harm Ohlmeyer. We will kick it off in a second with their prepared remarks which will be followed by a Q&A session. As always, I would like to ask you that during the Q&A session, you limit your questions to two in order to allow as many people as possible to ask a question. And now, without any further ado, over to you, Kasper.

Kasper Rorsted

Thank you very much. And welcome also, from my side. First, I'll provide you with a high-level view on some recent developments. And our focus areas as towards our recap, our business development in the third quarter. And then Harm will take us through the financials in greater detail. And he

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