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Article Date: October 2017
Word Count: 679

Puma Still on the Prowl for More Market Share

Net income leaped 57% to €62.1 million ($73.0 mm) from €39.5 million for the third quarter ended Sep. 30 on a 13% increase in revenue to €1,121.8 million ($1,318.5 mm) from €990.2 million as Puma showed double-digit currency neutral growth in all regions. And while it had already raised guidance for 2017 to sales growth of 14-16% and EBIT to €235-245 million, the Big Cat also confirmed that it had a strong order book going into 2018 for the Spring Summer season and was receiving strong response to its Fall collection as well with new technologies playing a key role. ... Log in to view full article.


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