Adidas Group First Quarter 2014 Results
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Net income attributable to shareholders down 34 percent
The group's net income attributable to shareholders decreased to €204 million in the first quarter of 2014 from €308 million in 2013. This represents a decline of 34 percent versus the prior year level. The group's tax rate increased 1.4 percentage points to 28.9 percent in the first quarter of 2014 (2013: 27.5 percent), mainly due to a less favorable earnings mix.
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- Adidas Golf
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