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Adidas registers record profits (Adidas will in den USA aus dem Form-Tief).

Europe Intelligence Wire

| January 30, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Die Welt)

German-based company Adidas Salomon, Europe's largest sports goods group, registered a 14 per cent increase in net profits to a record 260m euros last year, although turnover fell by 4 per cent to 6.27bn euros. Adjusted for negative currency effects, turnover rose by 5 per cent.

The group is determined to restructure its US …

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