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.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-style gives you the widest apparel and textile market coverage.
Paid just-style members have unlimited access to all our exclusive content - including 16 years of archives.
It’s our best ever membership offer – just for you.
Leonie Barrie, editor of just-style
- Steps to piloting living wage in garment factories
- How to ensure sustainability is more than a slogan
- US apparel retailers' November 2016 sales roundup
- Why do modern robotics elude sportswear makers?
- Software for financial planning and operations
- Esquel efficiency drive continues to boost brands
- US Q3 in brief – Oxford Industries, Genesco
- Taiwan textile maker investing in first US plant
- Myanmar garment industry "lacking labour rights"
- Outdoor apparel sector set for double-digit growth