12.04.2018
PUMA SE DE0006969603
DGAP-Adhoc: PUMA SE: PUMA publishes preliminary results for the first quarter 2018 and slightly raises full-year guidance for 2018
DGAP-Ad-hoc: PUMA SE / Key word(s): Preliminary Results/Change in Forecast
PUMA SE: PUMA publishes preliminary results for the first quarter 2018 and
slightly raises full-year guidance for 2018
12-Apr-2018 / 11:53 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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PUMA publishes preliminary results for the first quarter 2018 and slightly
raises full-year guidance for 2018
Herzogenaurach, Germany, April 12, 2018 - PUMA SE publishes preliminary
results for the first quarter 2018 and adjusts its guidance for the full
year 2018.
In the first quarter 2018, consolidated sales increased currency adjusted by
approximately 21% (approximately 12% in reported terms) to EUR 1,131 million
compared to EUR 1,005 million in the first quarter last year. The operating
result (EBIT) in the first quarter 2018 increased to approximately EUR 112
million (Q1 2017: EUR 70 million).
The first quarter saw a strong increase in sales and profitability, but
several uncertainties in our business environment have recently developed.
This includes adverse and volatile currency developments, political
instabilities as well as the uncertain trade environment between the USA and
China. Therefore, we are adjusting our guidance for the full year 2018 only
slightly. PUMA now expects that currency adjusted sales will increase
between 10% and 12% (previous guidance: currency adjusted increase by
approximately 10%). The operating result (EBIT) is now anticipated to come
in between EUR 310 million and EUR 330 million (previous guidance: between
EUR 305 million and EUR 325 million). In line with the previous guidance,
the Management still expects that net earnings will improve significantly in
2018.
A complete overview of PUMA's business development for the first quarter
2018 will be published on April 24, 2018.
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 2589 -
[email protected]
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12-Apr-2018 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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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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673931 12-Apr-2018 CET/CEST
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