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Agenda. Key financial figures for 2004Highlights 2004Standort GermanyOutlook 2005/2006. Key Financial Figures 2004. . All targets exceeded:Increased sales by 7% on a currency-neutral basisRaised gross margin to 47.2
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1. Title Master - genericTitle Master - generic
2. Slide MasterSlide Master
3. Agenda Key financial figures for 2004
Highlights 2004
Standort Germany
Outlook 2005/2006
4. Key Financial Figures 2004
5. Share Price Development 2004
6. Dividend 2004:
30% increase to € 1.30 per share
7. Share Buyback Program 2005:
Share buyback of up to 10% of shares outstanding
8. Share Price Development 2005
9. 2004 Sales Increased in All Regions Europe: sales up 3% on a currency-neutral basis
North America: sales up 4% in USD terms
Asia: currency-neutral sales up by almost 20%
Latin America: currency-neutral sales up 34%
10. Currency-Neutral Sales Increased in all Segments
12. Greece wins EURO 2004
13. VIDEO: Greece wins EURO 2004
14. Record Sales and Market Leadership in Football Record sales with all football products
Football sales up by more than 20% to over € 900 million
35% share of the football market worldwide
15. Olympics 2004 Product supplier for 26 of the 28 sports in Athens
adidas athletes win more than 300 medals
Highlights: Justine Henin-Hardenne, Elena Isinbayeva, Ian Thorpe
16. VIDEO: Olympic Highlights
17. Innovations 2004:adidas_1 und r7® quad Driver
18. adidas_1 World’s first intelligent shoe
Sold out within a short time
Made headlines around the world
19. r7® quad Driver First metalwood that allows players to adjust weight distribution in the head of the club
Number one driver on the US and European PGA Tours
20. Brand Campaign 2004: Impossible is Nothing
21. VIDEO: Gimme the ball Commercial
22. David Beckham
23. Missy Elliott
24. adidas by Stella McCartney
25. T-Mac and Garnett
26. Major League Soccer
27. Partnership Agreement with FIFA through to 2014
28. Official Sportswear Partnerof the Beijing Olympics in 2008
29. FC Chelsea – Partnership Starting 2006/2007
30. 2006 FIFA World Cup™
31. 2006 FIFA World Cup™
32. Employees in Germany Around 2,600 employees in Germany
2004: almost 300 new jobs created
2005: another 150 to 200 jobs planned
33. Scheinfeld Production
34. World of Sports
35. First Quarter 2005 Currency-neutral sales up 11%
Gross margin reached 46.9%
Net income grew 26% on a like-for-like basis or 46% in reported terms
36. Sale of Salomon to Amer Sports Corporation Sales and profitability of Salomon higher than in 1997
Brands have terrific consumer reputations
Preliminary transaction value: € 485 million
37. Reasons for the Sale Focus on our core strengths in the footwear and apparel market and the growing golf category
Consolidation in the winter sporting goods industry
Amer Sports is ideal partner to bring Salomon to the next level
38. Timelines Approval of antitrust authorities
Transaction closing by end of Q3 2005
Company‘s name for the time being “adidas-Salomon AG”, will later be changed to “adidas AG”
39. Use of Proceeds Strengthen core competencies
Share buyback program
40. Targets for 2005 Mid- to high single-digit-sales growth
Gross margin to reach record 2004 level
Operating margin increase higher than expected
Reported net income for 2005 will increase by around 20%
41. Summary 2004 was a record year
Successful Q1 2005
Sale of Salomon strengthens our core competencies
Excellent market position
42. Thank You!