Reebok 2009 Annual Report Download - page 49

TO OUR SHAREHOLDERS Our Share 45
N °-
08
SHARE RATIOS AT A GLANCE
2009 2008
Basic earnings per share €1.25 3.25
Diluted earnings per share €1.22 3.07
Operating cash flow per share €6.11 2.52
Year-end price €37.77 27.14
Year-high €38.76 50.09
Year-low €22.73 21.48
Dividend per share €0.35 1 ) 0.50
Dividend payout € in millions 73 2 ) 97
Dividend payout ratio %30 2 ) 15
Dividend yield %0.9 1.8
Shareholders’ equity per share €18.02 17.50
Price-earnings ratio at year-end 31.0 8.8
Average trading volume per
trading day shares 1,381,912 1,966,669
DAX-30 ranking 3 ) at year-end
by market capitalisation 17 19
by turnover 22 25
1) Subject to Annual General Meeting approval.
2) Based on number of shares outstanding at year-end.
3) As reported by Deutsche Börse AG.
adidas Group again receives adidas Group again receives
strong analyst supportstrong analyst support
The adidas Group continued to receive
strong analyst support in 2009. Around
35 analysts from investment banks and
brokerage firms regularly published
research reports on our Group, reflect-
ing a noticeable increase compared to
the prior year. Among others, Barclay’s
Capital, Morgan Stanley and ICAP Plc.
initiated coverage during the year. The
majority of analysts are confident about
the medium- and long-term potential
of our Group. This is reflected in the
recommendation split for our share as
at December 31, 2009. 54% of analysts
recommended investors to “buy” our
share in their last publication during
the 12-month period (2008: 53%). 22%
advised to “hold” our share (2008: 34%).
24% of the analysts recommended to
“sell” our share (2008: 13%) see 07.
Award-winning Investor Relations Award-winning Investor Relations
activitiesactivities
adidas AG strives to maintain continuous
close contact to institutional and private
shareholders as well as analysts. In 2009,
Management and the Investor Relations
team spent more than 35 days on road-
shows and presented at numerous
national and international conferences.
The continuous efforts of the adidas
Group to deliver outstanding services to
our investors and analysts were acknow-
ledged in the investor relations surveys
conducted by the Institutional Investor
magazine and Thomson Reuters. In the
sector Consumer/Luxury Goods, the
adidas Group was ranked number two
by the buy-side analysts in both surveys.
The print version of our 2008 Annual
Report also achieved high recognition,
taking second place in the DAX-30
and third in the overall ranking by the
“ Manager Magazin” competition “The
Best Annual Reports”. In addition,
the adidas Group Annual Report 2008
was awarded the top spot in the global
ReportWatch ranking, which assesses
a total of 300 companies worldwide.
Extensive financial information Extensive financial information
available onlineavailable online
We offer extensive information around
our share as well as the Group’s strategy
and financial results on our corporate
website www.adidas-Group.com/investors.
Our event calendar lists all conferences
and roadshows we attend and provides all
presentations for download. In addition
to live webcasts of all major events such
as our Analyst Conferences, the Annual
General Meeting and Investor Days, we
also offer podcasts of our quarterly con-
ference calls. Since July 2009, we offer a
quarterly Investor Relations Newsletter
in order to give our shareholders and the
financial market community a regular
update about the latest developments
of the adidas Group and the adidas AG
share.