GERMANY: Puma Roars As Q2 Profit Triples To EUR24.5m
Resurgent German sportswear and sports shoe producer Puma AG roared loud on Thursday as it announced soaring second quarter profits and sales which sent its shares rocketing by as much as 10 per cent. The company said its pre-tax profits for the 13 week period tripled to 24.5 million euros ($24.3m) from the year-ago period while sales leapt to 205.9 million euros from 129.3 million euros.
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