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EARNINGS FORECAST TABLE: Adidas 2Q 2012

FRANKFURT--The following is a summary of analysts' forecasts for adidas AG (ADS.XE) second-quarter results, based on a poll of 10 analysts conducted by Dow Jones Newswires (figures in million euros, EPS, dividend and target price in euro, according to IFRS). Earnings figures are scheduled to be released Aug. 2.

===

Net operating Net attrib.

2nd Quarter sales profit EBT income EPS

AVERAGE 3,518 240 224 158 0.76

Prev. Year 3,064 219 197 140 0.67

+/- in % +15 +10 +13 +13 +13

MEDIAN 3,499 240 226 158 0.76

Maximum 3,620 251 237 167 0.80

Minimum 3,443 227 210 147 0.70

Amount (a) 10 10 6 8 7

Barclays 3,540 230 216 154 0.74

Deutsche Bank 3,551 241 225 161 0.76

DZ Bank 3,493 251 237 167 0.80

Equinet 3,500 250 226 161 0.77

Exane BNP Paribas 3,486 241 227 161 --

Goldman Sachs 3,480 227 210 147 0.70

LBBW 3,498 238 -- 155 0.74

Nomura 3,443 249 -- -- 0.78

UBS 3,570 239 -- -- --

Target price Rating DPS 2012

AVERAGE 72.63 positive 8 AVERAGE 1.27

Prev. Quarter 66.13 neutral 2 Prev. Year 1.00

+/- in % +9.8 negative 0 +/- in % +27

MEDIAN 70.00 MEDIAN 1.27

Maximum 91.70 Maximum 1.35

Minimum 65.00 Minimum 1.20

Amount 9 Amount 8

Barclays 68.00 Equalweight 1.35

Deutsche Bank 70.00 Buy 1.30

DZ Bank -- Buy 1.20

Equinet 80.00 Buy 1.20

Exane BNP Paribas 77.00 Outperform 1.35

Goldman Sachs 91.70 Buy 1.29

J.P. Morgan 65.00 Neutral --

LBBW 65.00 Buy 1.20

Nomura 65.00 Buy 1.25

UBS 72.00 Buy --

===

Year-earlier figures are as reported by the company.

(a) Including anonymous estimates from one more institute.

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

(END) Dow Jones Newswires

July 27, 2012 09:12 ET (13:12 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

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