May 2 (Bloomberg) -- German stocks climbed, led by Adidas- Salomon AG. The shares reached the highest in more than six years after the sporting-goods maker agreed to sell its Salomon assets to Amer Sports Corp.

The benchmark DAX Index added 47.37, or 1.1 percent, to 4232.21 as of 1:16 p.m. in Frankfurt, the biggest gain in almost two months. DAX June futures added 0.8 percent to 4240. The HDAX Index of the country's 110 biggest companies increased 1.1 percent.

Adidas climbed 7.67 euros, or 6.4 percent, to 127.77 euros, the highest since August 3, 1998. The sale, which values the Salomon business at 485 million euros ($624 million), is to be completed by the end of September.

It includes the company's Salomon, Mavic, Bonfire, Arc Teryx and Cliche brands. Helsinki-based Amer is the maker of Atomic skis and Wilson tennis and golf gear.

Adidas, the world's second-largest sporting-goods maker, said earlier that profit this year will rise to the higher end of the company's target range after first-quarter earnings exceeded analysts' expectations.

Full-year net income will advance closer to 15 percent after the quarterly figure climbed 45 percent to 105 million euros. Ten analysts surveyed by Bloomberg expected Adidas to earn 95 million euros in the quarter.

Infineon Technologies AG, Europe's biggest maker of semiconductors, gained 13 cents, or 2 percent, to 6.56 euros. Global semiconductor sales rose 13 percent in the first quarter, helped by demand for chips used in mobile phones and personal computers, the Semiconductor Industry Association said.

The following stocks are making gains or losses. Stock symbols are in parentheses after the company names.

Epigenomics AG (ECX GY) rose 35 cents, or 5.8 percent, to 6.35 euros. The developer of genetic tests said it entered a licensing agreement for a DNA analysis technology with Qiagen NV, a Dutch maker of medical research tools.

KarstadtQuelle AG (KAR GY), Germany's largest department- store company, added 35 cents, or 4.7 percent, to 7.85 euros. Focus magazine, citing a letter from management board member Matthias Bellmann, reported the company has requested a ``clear contribution'' from suppliers in the form either of a one-time payment or a proportion of invoices.

Deutsche Lufthansa AG, Europe's second-biggest airline, increased 13 cents, or 1.3 percent, to 10.09 euros. Crude-oil futures in New York fell to the lowest in more than two months, easing concern about rising energy prices. Crude oil for June delivery slipped as much as 1.4 percent to $49.05 a barrel in after-hours electronic trading on the New York Mercantile Exchange.

MacroPore Biosurgery Inc. (XMP GY), a U.S. tissue-engineering company that trades in Germany, surged 92 cents, or 42 percent, to 3.10 euros. The company said it will raise $11 million in a share sale to finance research and development of its regenerative cell technology.

ProSiebenSat.1 Media AG (PSM GY), Germany's biggest private television broadcaster, added 21 cents, or 1.6 percent, to 13.50 euros. ProSieben increased its share of the German television market in April as it showed soccer matches and started to broadcast the U.S. TV series ``Desperate Housewives,'' the company said in an e-mailed release yesterday, citing figures by market researchers AGF/GFK.

RWE AG (RWE GY) added 80 cents, or 1.7 percent, to 46.92 euros. Europe's third-largest utility may produce natural gas with Russia's OAO Gazprom as demand for the fuel rises and its availability shrinks, the company said today. RWE and Gazprom are discussing other possible joint projects, such as natural-gas pipelines, transport and sales, RWE spokesman Michael Rosen said, confirming comments by Chief Executive Harry Roels in the Handelsblatt newspaper.

Solarworld AG (SWV GY), a solar company whose shares rose about sixfold last year, gained 1.46 euros, or 1.4 percent, to 108.90 euros. Solarworld said profit in the first quarter increased more than fivefold to 7.4 million euros because it sold more solar cells at home and abroad and kept costs low. Sales climbed 64 percent to 57.9 million euros.

To contact the reporter on this story: Sonja Franklin in Frankfurt at at sdieckhoefer@bloomberg.net; Christopher Fournier in Frankfurt at Cfournier3@bloomberg.net.

Last Updated: May 2, 2005 07:17 EDT