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Article Date: February 2019
Word Count: 761

Puma Finishes Strong as FY Sales, Earnings Up Strong Double Digits


Net income in the final quarter ended Dec. 31 was €15.7 million ($17.8 mm) against €2.2 million on an 18% improvement in revenues to €1,226.4 million ($1,386.6 mm) from €1,040.2 million. The momentum was across geographies and product categories, led by growth in Asia/Pacific at 37% to €378.0 million from €275.1 million, followed by Americas up 17% to €473.1 million against €417.1 million and EMEA up 8% to €375.3 million from €348.0 million. By product, apparel led the growth, up 26% to €491.1 million from €388.5 million while sneakers rose 17% to €535.0 million from €467.3 million and accessories improved ... Log in to view full article.

 


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