Adidas AG 2024 IR
The report highlights adidas' financial and operational turnaround in 2024, with currency-neutral revenues increasing by 12% to €23,683 million. The company's gross margin improved significantly to 50.8%, and operating profit rose to €1,337 million, driven by strong brand momentum and reduced discounting. On the sustainability front, adidas voluntarily reported in accordance with the European Sustainability Reporting Standards (ESRS) for the first time. Key achievements include reducing carbon intensity per product by 5.3% compared to the 2022 baseline and sourcing 99% of its polyester from recycled sources.
Company: Adidas AG
Sector: Manufacturing
Country: Germany
Year: 2024
Type: IR
Pages: 492
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Adidas AG
Annual Report
The report highlights adidas' financial and operational turnaround in 2024, with currency-neutral revenues increasing by 12% to €23,683 million. The company's gross margin improved significantly to 50.8%, and operating profit rose to €1,337 million, driven by strong brand momentum and reduced discounting. On the sustainability front, adidas voluntarily reported in accordance with the European Sustainability Reporting Standards (ESRS) for the first time. Key achievements include reducing carbon intensity per product by 5.3% compared to the 2022 baseline and sourcing 99% of its polyester from recycled sources.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees