adidas AG (MIL:1ADS)
€ 223.8 0.8 (0.36%) Market Cap: 40.07 Bil Enterprise Value: 43.41 Bil PE Ratio: 0 PB Ratio: 8.74 GF Score: 78/100
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Q1 2023 Adidas AG Earnings Call Transcript

May 05, 2023 / 01:00PM GMT
Release Date Price: €170.76 (+8.85%)
Operator

Good afternoon, ladies and gentlemen. Thank you for standing by. Welcome, and thank you for joining the adidas AG Q1 2023 Conference Call. (Operator Instructions)

It's my pleasure, and I would now like to turn the conference over to Sebastian Steffen, Head of Investor Relations. Please go ahead.

Sebastian Steffen
adidas AG - SVP of IR

Thanks very much, Francie, and good evening, good afternoon, good morning, everyone, wherever you're joining us today, and welcome to our Q1 2023 conference call.

With me here today in beautiful Herzogenaurach, our CEO, Bjorn Gulden; and our CFO, Harm Ohlmeyer. Bjorn will kick it off in a second with his prepared remarks, and then both Harm and Bjorn will be available for your questions.

During the Q&A session, as always, I would like to ask you to limit your initial questions to 2 and that's, of course, not because the fewer questions you ask, the sooner we will be able to head into our well-deserved weekend, no. That's, of course, because we want to allow as many people as possible to ask their

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