Adidas says may take longer to reach 2015 goals
"We will achieve most, if not all, of our 'Route 2015' operational targets. However, it might take a little longer than we originally anticipated," Herberg Hainer was due to tell the ADIDAS (ADS.XE)annual general meeting according to a speech text.
Adidas, which reported disappointing first-quarter results on Tuesday, had already warned in March that weakening emerging market currencies, notably the Russian rouble, would hurt 2014 results and pose a risk to its 2015 targets.
(Reporting by Joern Poltz, writing by Emma Thomasson; editing by Thomas Atkins)