Adidas predicts growth in 2011
The world's second biggest sports goods maker, Adidas, has announced an upbeat outlook for 2011.
Adidas is forecasting a rise of 10-15% in earnings per share in 2011.
The company also reported strong sales in the US and eastern Europe of 3.47bn euros ($4.84bn; £3.05bn) in the third quarter, beating analysts' forecasts.
As it produces most of its products outside the eurozone the single currency's recent rise in value has not affected Adidas significantly.
Adidas - which also owns the US brand Reebok - had previously enjoyed a boost from sales related to the 2010 World Cup.
Chief executive Herbert Hainer said: "We have made an explosive comeback in 2010, and I fully expect us to round off the year on a high."