By  on March 4, 2009

PARIS — Thanks to lower marketing expenses and a lower tax rate, Adidas AG said fourth-quarter net profits rose 151 percent, to 54 million euros, or $71.2 million, in the quarter.

The world’s second-largest sporting goods maker after Nike Inc. met its full-year 2008 sales and profits targets, but warned sales and profits would decline this year.

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