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Puma SE (PUMG.DE)

PUMG.DE on Xetra

545.50EUR
24 May 2019
Change (% chg)

€3.00 (+0.55%)
Prev Close
€542.50
Open
€542.00
Day's High
€547.50
Day's Low
€541.50
Volume
22,307
Avg. Vol
41,932
52-wk High
€567.50
52-wk Low
€391.50

Latest Key Developments (Source: Significant Developments)

Puma CEO Sees No Slowdown Of China Business
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - Puma ::CEO says we are cautious for 2019; "When there is upside, we'll take it. Then we will do more".CEO says we know nothing about Kering plans to divest Puma stocks.CEO says we view Artemis as long-term investor.CEO says we do not see slowdown of China business, customers in China increasingly buying international brands.  Full Article

Puma Appoints Anne-Laure Descours As Chief Sourcing Officer And Member Of Management Board
Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - PUMA SE ::APPOINTS ANNE-LAURE DESCOURS AS CHIEF SOURCING OFFICER AND MEMBER OF THE MANAGEMENT BOARD.APPOINTMENT EFFECTIVE 1 FEBRUARY 2019.  Full Article

Puma Enters Multi-Year Partnership With Porsche Motorsport
Wednesday, 2 Jan 2019 

Jan 2 (Reuters) - Puma SE ::ENTERS MULTI-YEAR PARTNERSHIP WITH PORSCHE MOTORSPORT.  Full Article

Puma CEO sees no sign of slowdown in China consumption
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Puma SE ::PUMA CEO SAYS WE HAVE NOT SEEN ANY SIGN OF CONSUMPTION SLOWING DOWN IN CHINA, ALSO IN OCTOBER.  Full Article

Puma CEO less worried about hit from trade tensions
Thursday, 26 Jul 2018 

July 26 (Reuters) - Puma SE ::PUMA CEO SAYS WILL LAUNCH FIRST BASKETBALL PRODUCTS IN U.S. MARKET IN END SEPT, EARLY OCT.PUMA CEO SAYS HIS CONCERNS ABOUT IMPACT FROM TRADE TENSIONS HAVE RECEDED SINCE Q1.PUMA CEO SAYS HAS GOOD ORDER BOOK FOR SOCCER FOR H2.PUMA CEO EXPECTS BETTER INCREASE IN APPAREL IN FUTURE THAN HAS SEEN FOR A WHILE.  Full Article

Puma Q1 EBIT Up At Around EUR 112 Mln
Thursday, 12 Apr 2018 

April 12 (Reuters) - PUMA SE ::EXPECTS THE CURRENCY-ADJUSTED CONSOLIDATED NET SALES TO GROW AROUND 10% ON AVERAGE PER YEAR UNTIL 2022.EBIT MARGIN IS EXPECTED TO REACH A LEVEL OF AROUND 10% OF CONSOLIDATED NET SALES BY 2022 AT THE LATEST.Q1 SALES INCREASED BY APPROX 21% TO € 1,131 MILLION, AFTER CURRENCY ADJUSTMENTS.CONTINUES TO EXPECT A SIGNIFICANT IMPROVEMENT IN NET INCOME FOR THE FULL 2018 FINANCIAL YEAR.Q1 EBIT INCREASED TO APPROXIMATELY € 112 MILLION (Q1 2017: € 70 MILLION).SEES FY 2018 OPERATING RESULT (EBIT) IN THE RANGE OF € 310 MILLION TO € 330 MILLION.NOW SEES 2018 CURRENCY-ADJUSTED SALES GROWTH BETWEEN 10% AND 12% (PREVIOUSLY EXPECTED OF AROUND 10%).  Full Article

Kering Will Look At Options For Volcom Sportwear Brand Following Puma Spin-Off
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Kering ::CFO SAYS COMPANY WILL LOOK AT OPTIONS FOR ITS VOLCOM SPORTWEAR BRAND FOLLOWING PUMA SPIN-OFF.  Full Article

Kering says will not be looking at Puma options in short-term
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Kering CFO :Says on conference call Balenciaga has potential to reach 1 billion euros in sales in the mid-term.Says still confident on Gucci performance in 2018 in spite of tougher comparisons and foreign exchange climate.Says Puma remains a non-strategic asset, but Kering not likely to consider options for the business in the short-term.Says M&A is not on the agenda, company focused on organic growth.  Full Article

Puma CEO expects weaker Q4 margin due to promotional market
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Puma :Ceo says has not heard anything about possible Kering plans to sell stake.Ceo says does not expect q4 gross margin to be very strong, says market very promotional.  Full Article

Puma raises 2017 guidance
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - PUMA SE ::PUBLISHES PRELIMINARY RESULTS FOR THE THIRD QUARTER 2017 AND RAISES FULL-YEAR GUIDANCE FOR 2017.‍RAISES FULL-YEAR GUIDANCE FOR ITS CONSOLIDATED SALES, GROSS PROFIT MARGIN​.‍IN Q3 2017, SALES INCREASED CURRENCY ADJUSTED BY APPROX. 17% (APPROX. 13% IN REPORTED TERMS) TO EUR 1,122 MILLION​.‍OPERATING RESULT (EBIT) IN Q3 2017 INCREASED TO APPROX. EUR 101 MILLION (Q3 2016: EUR 60 MILLION)​.‍NOW EXPECTS 2017 CURRENCY ADJUSTED SALES WILL INCREASE BETWEEN 14% AND 16%​.FY ‍EBIT IS NOW ANTICIPATED TO COME IN BETWEEN EUR 235 MILLION AND EUR 245 MILLION​.‍2017 GROSS PROFIT MARGIN IS NOW ANTICIPATED TO IMPROVE TO APPROX. 46.5%​.‍MANAGEMENT STILL EXPECTS THAT NET EARNINGS WILL IMPROVE SIGNIFICANTLY IN 2017​.FY EBIT PREVIOUS GUIDANCE BETWEEN EUR 205 MILLION AND EUR 215 MILLION.  Full Article

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