adidas AG (ADDYY) Q4 2025 Earnings Call Transcript

SA Transcripts158.8K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call adidas AG (ADDYY) Q4 2025 Earnings Call March 4, 2026 9:00 AM EST Company Participants Sebastian Steffen - Senior Vice President of Investor RelationsBjorn Gulden - CEO of Global Brands, CEO & Chairman of Executive BoardHarm Ohlmeyer - CFO & Member of Executive Board Conference Call Participants Edouard Aubin - Morgan Stanley, Research DivisionErwan Rambourg - HSBC Global Investment ResearchJurgen Kolb - Kepler Cheuvreux, Research DivisionGeoff Lowery - Rothschild & Co Redburn, Research DivisionAlexander Richard Okines - BNP Paribas, Research DivisionRobert Krankowski - UBS Investment Bank, Research DivisionAneesha Sherman - Bernstein Institutional Services LLC, Research DivisionJames Grzinic - Jefferies LLC, Research DivisionAndreas Riemann - ODDO BHF Corporate & Markets, Research DivisionMonique Pollard - Citigroup Inc.

Exchange Research Presentation Operator Ladies and gentlemen, welcome to the adidas AG Full Year 2025 Conference Call and Live Webcast. I am Maura, the Chorus Call operator. [Operator Instructions] The conference is being recorded. [Operator Instructions] The conference must not be recorded for publication or broadcast. At this time, it's my pleasure to hand over to Sebastian Steffen, Senior Vice President, Investor Relations, Corporate Communications and Corporate Strategy. Please go ahead. Sebastian SteffenSenior Vice President of Investor Relations We just realize it's a long title. Thanks very much, Maura. Good evening, good afternoon, good morning, everyone, wherever you're joining us today, and welcome to our full year 2025 conference call. Our presenters today are our CEO, Bjorn Gulden; and our CFO, Harm Ohlmeyer. I know that there's a lot to talk about today, and we will kick it off in a second with Bjorn and Harm, who will provide the details for 2025. They will be sharing with you our operational and financial highlights for last year, present our outlook for 2026 and of course, also talk about our outlook for '27 and '28. [Operator Instructions] And now before I hand over to Bjorn, we will, of course, kick it off with a video.