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India

Puma SE (PUMG.DE)

PUMG.DE on Xetra

67.40EUR
6:22pm IST
Change (% chg)

€0.46 (+0.69%)
Prev Close
€66.94
Open
€67.14
Day's High
€67.50
Day's Low
€66.16
Volume
71,042
Avg. Vol
409,962
52-wk High
€84.30
52-wk Low
€40.00

Latest Key Developments (Source: Significant Developments)

Puma Has Been Profitable in June, July - CEO
Wednesday, 29 Jul 2020 

July 29 (Reuters) - Puma SE CEO::JULY REVENUES WERE APPROXIMATELY AT LAST YEAR'S LEVEL.WE HAVEN'T USED 900 MLN EUR CREDIT LINE.WE WON'T NEED CREDIT LINE IF BUSINESS IS CONTINUING THIS WAY.WE WERE PROFITABLE IN JUNE, JULY.IF EVERYTHING GOES WELL WE WILL REACH ALL OF OUR TARGETS, BUT A YEAR LATER.  Full Article

Artémis Launches Offering Of EUR 500 Mln Bonds Exchangeable For Puma SE Shares
Thursday, 18 Jun 2020 

June 18 (Reuters) - Puma SE ::ARTÉMIS, HOLDING COMPANY OF PINAULT FAMILY, LAUNCHES OFFERING OF EUR 500 MILLION BONDS EXCHANGEABLE FOR PUMA SE SHARES.ARTÉMIS - LAUNCH OFFERING OF SENIOR UNSECURED ZERO-COUPON BONDS DUE 2025 FOR €500 MILLION GUARANTEED BY ARTÉMIS, WILL BE EXCHANGEABLE FOR PUMA SE SHARES.  Full Article

Artemis stake in Puma to drop to 25% after bond sale -bookrunner
Thursday, 18 Jun 2020 

June 18 (Reuters) - Bookrunner said on Thursday::ARTEMIS, THE INVESTMENT COMPANY FOR THE PINAULT FAMILY, LAUNCHES EXCHANGEABLE BOND ON PUMA SHARES.ARTEMIS STAKE IN PUMA WILL DROP TO 25% FROM 28.7% NOW FOLLOWING BOND SALE AND ASSUMING THE BONDS ARE EXCHANGED.  Full Article

Puma CEO Hopes Chinese Retail Back To Normal By End May
Thursday, 7 May 2020 

May 7 (Reuters) - Puma SE ::PUMA CEO SAYS ECOMMERCE SALES UP 77% IN APRIL.PUMA CEO SAYS DOESN'T THINK COMPANY NEEDS ALL NEW FINANCING, BUT LIFELINE IN CASE CRISIS GOES ON A LONG TIME.PUMA CEO SAYS MORE COUNTRIES ARE REOPENING STORES EARLIER THAN COMPANY HAD PROJECTED.PUMA CEO SAYS HOPES CHINESE RETAIL SALES TO BE BACK TO NORMAL BY END OF MAY.  Full Article

Puma Says Our Banks Are Using State-Owned Development Bank KfW For Additional Financing
Friday, 3 Apr 2020 

April 3 (Reuters) - Puma SE ::PUMA SAYS OUR BANKS ARE USING STATE-OWNED DEVELOPMENT BANK KFW FOR ADDITIONAL FINANCING.PUMA SAYS ADDITIONAL LOANS HAVE USUAL MARKET CONDITIONS.  Full Article

Puma No Longer Expects Short-Term Normalization Of COVID-19 Situation
Wednesday, 11 Mar 2020 

March 11 (Reuters) - Puma SE ::DGAP-ADHOC: PUMA SE: PUMA NO LONGER EXPECTS A SHORT-TERM NORMALIZATION OF THE COVID-19 SITUATION DESPITE FIRST ENCOURAGING SIGNS COMING OUT OF CHINA.POSSIBLE EFFECTS ON PUMA'S FULL-YEAR REVENUES AND EARNINGS CANNOT BE QUANTIFIED YET.COVID-19 HAS ALSO NEGATIVELY IMPACTED OUR BUSINESS SINCE BEGINNING OF FEBRUARY BOTH IN TERMS OF SALES AND SOURCING . IMPACT ON SOURCING.ALL OUR OFFICES AROUND WORLD ARE OPEN.COVID-19 HAS ALSO NEGATIVELY IMPACTED OUR BUSINESS SINCE BEGINNING OF FEBRUARY BOTH IN TERMS OF SALES AND SOURCING.WE UNFORTUNATELY HAVE TO CONCLUDE THAT A SHORT-TERM NORMALIZATION WILL NOT OCCUR..DEVELOPMENT OVER COMING WEEKS AND MONTHS IS IMPOSSIBLE TO PREDICT AND WE CURRENTLY CANNOT QUANTIFY NEGATIVE EFFECT THIS COULD HAVE ON OUR FULL-YEAR REVENUE AND EARNINGS.WITHIN CHINA, ALL OF OUR TIER 1 (FINISHED PRODUCT) SUPPLIER FACTORIES ARE OPEN AGAIN AND ARE OPERATING AT 80%-100% OF CAPACITY.ALMOST ALL OF OUR TIER 2 (MATERIAL) FACTORIES ARE ALSO UP AND RUNNING.WILL OF COURSE MANAGE THIS SITUATION AS BEST WE CAN SHORT-TERM, BUT AT SAME TIME CONTINUE TO WORK ON STRENGTHENING OUR BRAND.OUR GLOBAL SUPPLY CHAIN IS CURRENTLY NOT AT RISK APART FROM MINOR DELAYS.CHINA SALES HAVE BEEN SEVERELY AFFECTED.THERE ARE NOW EARLY SIGNS OF IMPROVEMENT.MOST OF OUR STORES IN CHINA AND THOSE OF OUR PARTNERS ARE NOW OPEN AGAI.TRAFFIC THAT HAD INITIALLY BEEN EXTREMELY LOW PICKED UP OVER WEEKEND.  Full Article

Puma CEO Says We Might Have To Reconsider Guidance If Stores In China Still Closed In 4 Weeks
Wednesday, 19 Feb 2020 

Feb 19 (Reuters) - Puma SE ::PUMA CEO SAYS MOST OF FACTORIES IN CHINA IN OPERATION, ALTHOUGH SOME IMPACT ON WORKER MOVEMENT.PUMA CEO SAYS OUTBOUND LOGISTICS FROM CHINA HAS IMPROVED OVER LAST 4-5 DAYS.PUMA CEO SAYS ONLY EXPECTS DELAYS TO DELIVERIES FROM CHINA OF 2-3 WEEKS.PUMA CEO SAYS FACTORIES DELIVERING MATERIALS, COMPONENTS TO OTHER PRODUCTION MARKETS ARE ALSO MOSTLY OPEN.PUMA CEO SAYS IF STORES IN CHINA STILL CLOSED IN 4 WEEKS THEN MIGHT HAVE TO RECONSIDER GUIDANCE.  Full Article

Puma 9-month Net Earnings Up 39% To EUR 245 Million
Thursday, 24 Oct 2019 

Oct 24 (Reuters) - Puma SE ::DGAP-NEWS: PUMA SE: STRONG SALES AND EBIT GROWTH CONTINUES IN THE THIRD QUARTER, PUMA SLIGHTLY ADAPTS GUIDANCE FOR THE FULL YEAR 2019.Q3 SALES INCREASE BY 17.0% CURRENCY ADJUSTED TO EUR 1,478 MILLION (+19.0% REPORTED) WITH CONTINUED GROWTH IN ALL REGIONS AND PRODUCT DIVISIONS.Q3 OPERATING RESULT (EBIT) UP BY 25% TO EUR 162 MILLION.Q3 SALES INCREASE BY 17.0% CURRENCY ADJUSTED TO EUR 1,478 MILLION (+19.0% REPORTED) WITH CONTINUED GROWTH IN ALL REGIONS AND PRODUCT DIVISIONS.9-MONTH NET EARNINGS INCREASE BY 39% FROM EUR 176 MILLION LAST YEAR TO EUR 245 MILLION.Q3 GROSS PROFIT MARGIN IMPROVES TO 49.7%.OPERATING EXPENSES (OPEX) INCREASE 18% (REPORTED) DUE TO HIGHER SALES RELATED COSTS AS WELL AS HIGHER MARKETING AND RETAIL INVESTMENTS.OPERATING RESULT (EBIT) UP BY 25% TO EUR 162 MILLION.SLIGHTLY ADAPT OUR GUIDANCE FOR FULL YEAR 2019.NOW EXPECTS THAT CURRENCY ADJUSTED SALES WILL INCREASE AROUND 15% (PREVIOUS GUIDANCE: CURRENCY ADJUSTED INCREASE OF AROUND 13%)..EXPECTS 2019 OPERATING RESULT (EBIT) TO COME IN BETWEEN EUR 420 MILLION AND EUR 430 MILLION.MANAGEMENT EXPECTS THAT NET EARNINGS WILL IMPROVE SIGNIFICANTLY IN 2019.ASIA/PACIFIC AND AMERICAS REGIONS CONTINUED TO CONTRIBUTE WITH DOUBLE-DIGIT INCREASES, WHILE GROWTH IN EMEA REGION WAS AT A HIGH SINGLE-DIGIT RATE.Q3 NET EARNINGS INCREASED BY 29.7% FROM EUR 77.5 MILLION TO EUR 100.5 MILLION AND EARNINGS PER SHARE WERE UP FROM EUR 0.52 IN Q3 LAST YEAR TO EUR 0.67 CORRESPONDINGLY.  Full Article

Kering Says Does Not Plan To Dispose Entirely of Puma Stake Now
Thursday, 25 Jul 2019 

July 25 (Reuters) - Kering ::SAYS WE ARE CONSIDERING SEVERAL ALTERNATIVES TO DEAL WITH INVESTMENT IN PUMA AND PROTECT THE VALUE OF THIS INVESTMENT, BUT NO INTENTION NOW TO DISPOSE OF ALL OF IT.SAYS GROUP IS ALWAYS LOOKING FOR POTENTIAL ACQUISITION TARGETS, BUT WITH VERY STRONG DISCIPLINE IN TERMS OF QUALITY AND BRANDS.SAYS PLANS MORE COMMUNICATION INVESTMENT, ACTIVITIES IN SECOND HALF TO SUPPORT GUCCI BRAND IN THE UNITED STATES.  Full Article

Puma CEO: Topline Has Not Been Hurt By Capacity Issues
Friday, 26 Apr 2019 

April 26 (Reuters) - Puma SE ::CEO SAYS WE HAVE NOT BEEN HURT ON OUR TOPLINE BECAUSE OF CAPACITY ISSUES, TOOK DECISION TO INCREASE INVENTORIES.  Full Article

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Puma forecasts unpredictable 2020 after drop in quarterly sales and profit

FRANKFURT German sportswear brand Puma on Wednesday said that uncertainty around the coronavirus made forecasts for the full-year impossible after the pandemic hit second quarter sales and profitability.