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DGAP-News: PUMA SE: PUMA delivers strong growth in sales and profitability in 2018

DGAP-News: PUMA SE / Key word(s): Quarterly / Interim Statement/Annual Results


PUMA SE: PUMA delivers strong growth in sales and profitability in 2018


14.02.2019 / 10:00



The issuer is solely responsible for the content of this announcement.



PRESS RELEASE

PUMA delivers strong growth in sales and profitability in 2018

Herzogenaurach, February 14, 2019

2018 Fourth Quarter Facts

- Sales increase by 20.1% currency adjusted to EUR 1,226 million (+17.9% reported) with strong growth in all regions and product segments

- Gross profit margin remains stable at a high level of 47.1%

- Operating expenses (OPEX) increase by 17.1% due to higher sales related variable costs as well as higher marketing and retail investments

- Operating result (EBIT) improves from EUR 30 million last year to EUR 38 million

- Strong sell-through of newly launched footwear franchises RS-X and Cali
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