Wednesday, February 23, 2022

PUMA Q4 Operating Result Rises; Sales Up 14.3% Currency Adjusted

PUMA (PMMAF.PK) reported that its fourth quarter net earnings decreased to 7.9 million euros from 24.7 million euros, prior year, due to a lower financial result and a negative impact attributable to non-controlling interests. Earnings per share decreased to 0.05 euros from 0.16 euros. Operating result (EBIT) improved to 65 million euros from 63 million euros. Sales increased by 14.3% currency adjusted to 1.77 billion euros, or up 16.2% reported.

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