12.04.2017
PUMA SE DE0006969603
DGAP-Adhoc: PUMA SE: PUMA publishes preliminary results for the first quarter 2017 and raises full-year guidance for 2017
DGAP-Ad-hoc: PUMA SE / Key word(s): Change in Forecast/Preliminary Results
PUMA SE: PUMA publishes preliminary results for the first quarter 2017 and
raises full-year guidance for 2017
12-Apr-2017 / 07:59 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by
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The issuer is solely responsible for the content of this announcement.
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Disclosure of an inside information according to Article 17 Market Abuse
Regulation
PUMA SE (ISIN: DE00069696303 WKN: 696960)
PUMA WAY 1, D-91074 Herzogenaurach
PUMA publishes preliminary results for the first quarter 2017 and raises
full-year guidance for 2017
Herzogenaurach, Germany, 12 April 2017 - Today, PUMA SE has published
preliminary results for the first quarter 2017 and raised its guidance for
the full-year 2017.
In the first quarter 2017, consolidated sales increased currency adjusted by
approx. 15% (approx. 18% in reported terms) to EUR 1,005 million compared to
EUR 852 million in the first quarter last year. The operating result (EBIT)
in the first quarter 2017 increased by approx. 70% to approx. EUR 70 million
(Q1 2016: EUR 41.3 million).
In light of the strong first-quarter increase in sales and profitability as
well as the positive business outlook for the current year 2017, PUMA raises
the full-year guidance for its consolidated sales and operating result
(EBIT). The Management now expects that sales will increase currency
adjusted at a low double-digit percentage rate (previous guidance: currency
adjusted increase at a high single-digit percentage rate). The operating
result (EBIT) is now anticipated to come in between EUR 185 million and EUR
200 million (previous guidance: between EUR 170 million and EUR 190
million). In line with the previous guidance, the Management still expects
that net earnings will improve significantly in 2017.
A complete overview of PUMA's business development for the first quarter
2017 will be published on April 25, 2017.
Media Contact:
Kerstin Neuber - Corporate Communications - PUMA - +49 9132 81 2984 -
[email protected]
Investor Relations Contact:
Johan-Philip Kuhlo - Investor Relations - PUMA SE - +49 9132 81 0 -
[email protected]
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12-Apr-2017 CET/CEST The DGAP Distribution Services include Regulatory
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Language: English
Company: PUMA SE
PUMA Way 1
91074 Herzogenaurach
Germany
Phone: +49 9132 81 0
Fax: +49 9132 81 2246
E-mail: [email protected]
Internet: www.puma.com
ISIN: DE0006969603
WKN: 696960
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Munich;
Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Hanover, Stuttgart, Tradegate Exchange
End of Announcement DGAP News Service
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564335 12-Apr-2017 CET/CEST
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