GERMANY: Puma Q3 Profit Leaps 73% On Soaring Sales
German sportswear and sports shoe producer Puma AG is continuing to dig its claws into the competition after it posted a stunning 72.7 per cent year-on-year leap in third quarter pre-tax profit to 48.6 million euros. The company revealed today that sales during the quarter climbed almost 50 per cent to 292 million euros on the back of a strong European performance but added growth in the Americas was not as strong.
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