Shares of Adidas AG were gaining around 8 percent in the morning trading in Germany after the sportswear maker Wednesday said it expects higher results for fiscal 2022 after reporting strong growth in fourth-quarter attributable net income. Quarterly net income from continuing operations, meanwhile, was lower, with nearly flat revenues. The company also announced higher dividend.
Looking ahead for fiscal 2022, the company expects net income from continuing operations to increase to a level of between 1.8 billion euros and 1.9 billion euros.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.