Ad-hoc | 12 April 2017 07:59

PUMA SE: PUMA publishes preliminary results for the first quarter 2017 and raises full-year guidance for 2017

PUMA SE / Key word(s): Change in Forecast/Preliminary Results

12-Apr-2017 / 07:59 CET/CEST
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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 – kerstin.neuber@puma.com

Investor Relations Contact:
Johan-Philip Kuhlo – Investor Relations – PUMA SE – +49 9132 81 0 – investor-relations@PUMA.com

12-Apr-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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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:	investor-relations@puma.com
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

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