Puma update suggests strong Q1 growth - sportstextiles: Lea SportsTextiles

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Puma update suggests strong Q1 growth

13/04/2017
With two weeks still to go before it publishes detailed results for the first quarter of 2017, sports brand Puma has issued an update to say that its sales for the three-month period passed €1 billion.

This figure, if confirmed, would indicate growth of 15% compared to the same quarter last year.

Earnings on this revenue are likely to be €70 million, an increase of 70% compared to the first quarter of 2016.


Related stories:

Puma’s shoe sales propel a 16% rise 24/10/2017
Puma raises expectations for 2017 after strong second quarter 19/07/2017
Puma ‘reinvents lacing’ through mesh upper 09/05/2017

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