PUMA SE, DE0006969603

PUMA SE, DE0006969603

17.07.2017 - 15:00:18

PUMA SE: PUMA publishes preliminary results for the second quarter 2017 and raises full-year guidance for 2017

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PUMA SE (ISIN: DE00069696303 WKN: 696960) PUMA WAY 1, D-91074 Herzogenaurach

PUMA publishes preliminary results for the second quarter 2017 and raises full-year guidance for 2017

 

Herzogenaurach, Germany, July 17, 2017 - PUMA SE publishes preliminary results for the second quarter 2017 and raises its guidance for the full-year 2017.

In the second quarter 2017, consolidated sales increased currency adjusted by approx. 16.3% (approx. 17.2% in reported terms) to EUR 968.7 million compared to EUR 826.5 million in the second quarter last year. The operating result (EBIT) in the second quarter 2017 increased to approx. EUR 43.4 million (Q2 2016: EUR 11.9 million).

In light of the strong second-quarter increase in sales and profitability as well as the positive business outlook for the current year 2017, PUMA raises the full-year guidance for its consolidated sales and operating result (EBIT). The Management now expects that currency adjusted sales will increase between 12% and 14% (previous guidance: currency adjusted increase at a low double-digit percentage rate). The operating result (EBIT) is now anticipated to come in between EUR 205 million and EUR 215 million (previous guidance: between EUR 185 million and EUR 200 million). In line with the previous guidance, the Management still expects that net earnings will improve significantly in 2017.

A complete overview of PUMA's business development for the second quarter 2017 and the first half year 2017 will be published on July 26, 2017.

Media Contact: Kerstin Neuber - Corporate Communications - PUMA - +49 9132 81 2984 - kerstin.neuber@puma.com

Investor Relations Contact: Johan-Philip Kuhlo - Investor Relations - PUMA SE - +49 9132 81 0 - investor-relations@PUMA.com

PUMA  

PUMA ist eine der weltweit führenden Sportmarken, die Schuhe, Textilien und Accessoires designt, entwickelt, verkauft und vermarktet. Seit über 65 Jahren stellt PUMA die innovativsten Produkte für die schnellsten Sportler der Welt her. Zu unseren Performance- und sportlich-inspirierten Lifestyle-Produktkategorien gehören u.a. Fußball, Running und Training, Golf und Motorsport. PUMA kooperiert mit weltweit bekannten Designer-Labels und bringt damit innovative und dynamische Designkonzepte in die Welt des Sports. Zur PUMA-Gruppe gehören die Marken PUMA, Cobra Golf und Dobotex. Das Unternehmen vertreibt seine Produkte in über 120 Ländern und beschäftigt weltweit mehr als 10.000 Mitarbeiter. Die Firmenzentrale befindet sich in Herzogenaurach/Deutschland. Weitere Informationen finden Sie im Internet unter: http://www.puma.com

17-Jul-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English

Company: PUMA SE PUMA Way 1 91074 Herzogenaurach

Germany Phone: +49 9132 81 0 Fax: +49 9132 81 2246 E-mail: investor-relations@puma.com Internet: www.puma.com ISIN: DE0006969603 WKN: 696960 Indices: SDAX Listed: Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange   End of Announcement DGAP News Service

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