Reebok 2014 Annual Report Download - page 149
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Group Management Report – Financial Review
145
2014
/
03.3
/
adidas Group
/
2014 Annual Report
Business Performance by Segment
/
Other Businesses Performance
Currency-neutral Reebok-CCM Hockey sales were up 7%. This increase is mainly due to growth
in key categories such as sticks and protective equipment as well as in hockey apparel. Currency
translation effects negatively impacted sales in euro terms. Reebok-CCM Hockey revenues
increased 4% to € 269 million in 2014 from € 260 million in 2013.
Other Centrally Managed Brands revenues increased 19% on a currency-neutral basis, driven by
double-digit growth at Y-3, Five Ten and Porsche Design Sport by adidas. Currency translation
effects had a negative impact on sales in euro terms. Revenues in Other Centrally Managed Brands
also increased 19% to € 134 million in 2014 (2013: € 112 million).
21
/
Other Businesses net sales by quarter 1)
(€ in millions)
Q4 2014 350
Q4 2013 405
Q3 2014 280
Q3 2013 332
Q2 2014 357
Q2 2013 433
Q1 2014 329
Q1 2013 487
1) Figures reflect continuing operations as a result of the planned divestiture of the
Rockport business.
22
/
Other Businesses gross margin by quarter 1)
(in %)
Q4 2014 31.2
Q4 2013 37.5
Q3 2014 32.7
Q3 2013 32.4
Q2 2014 36.9
Q2 2013 42.3
Q1 2014 37.9
Q1 2013 44.6
1) Figures reflect continuing operations as a result of the planned divestiture of the
Rockport business.
23
/
Other Businesses segmental operating profit
by quarter 1) (€ in millions)
Q4 2014 62
Q4 2013 107
Q3 2014 42
Q3 2013 56
Q2 2014 79
Q2 2013 127
Q1 2014 71
Q1 2013 165
1) Figures reflect continuing operations as a result of the planned divestiture of the
Rockport business.