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Adidas rises as confirmed Q3 results reassure investors

By Reuters News

** Shares in Adidas ADSGn.DE rise 3% after the German sportswear maker confirmed its previously released Q3 results and reiterated its upgraded FY guidance

** Adidas' Q3 revenue came in at €7.2 billion ($8.03 billion), up 9% from €6.6 billion a year earlier

** Deutsche Bank says the German company delivered a robust quarterly report

** "We see a better underlying performance than reported and upside risk to Q4 FX sales estimates unless there is any incremental commentary on the conference call pointing to weakness elsewhere," it says

** The stock is among the best performers on Germany's blue-chip index .GDAXI and the pan-European STOXX 600 .STOXX index

($1 = 0.8971 euros)

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