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Puma revealed its financial results

Germany: Puma has revealed its financial results for fourth quarter of the 2016 financial year. Puma is a German multinational…

By gta_admin , in Comapny news International News , at February 9, 2017 Tags:

Germany: Puma has revealed its financial results for fourth quarter of the 2016 financial year.

Puma is a German multinational company that designs and manufactures athletic and casual footwear, apparel and accessories. The company’s sales increased 10% on currency adjusted basis to Euro 958 million with growth across all regions and product segments. The EBIT improved 30% in the period to Euro 14 million.

In the full-year 2016 period, sportswear retailer’s sales surged 10% on currency adjusted basis to Euro 3,627 million. While, the EBIT increased by 33% to Euro 128 million.

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