Puma raises expectations for 2017 after strong s - sportstextiles: Lea SportsTextiles

News

Puma raises expectations for 2017 after strong second quarter

19/07/2017
Puma’s second quarter sales are expected to be 16% higher than the year-ago period at €969 million, according to the German company’s preliminary results.

It has raised expectations for the full year, and now expects sales to be between 12% and 14% higher than last year, due to a “positive business outlook”.

Profit is now anticipated to come in between €205 million and €215 million, rather than between €185 million and €200 million.

Related stories:

Gulden welcomes Kering decision as Puma passes €4bn milestone 14/02/2018
Puma’s shoe sales propel a 16% rise 24/10/2017
Biggest sports shoe maker keeps growing 15/06/2017
Puma ‘reinvents lacing’ through mesh upper 09/05/2017
Covestro technology helps give new Puma football boot “outstanding precision” 04/05/2017
Puma update suggests strong Q1 growth 13/04/2017
Puma to sponsor French top-flight side 30/03/2017
Yue Yuen confirms profit boost for 2016 28/03/2017

Sportstextiles.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.