Euro 2016 lift sees Puma profits top analysts’ estimates

Puma has reported second-quarter profits that topped analysts’ estimates as the German sportswear maker got a lift from Euro 2016 and a focus on the women’s market.

Euro 2016 lift sees Puma profits top analysts’ estimates
Thu, 28 Jul, 2016 - 01:00
Aaron Ricadela

Earnings before interest and taxes rose to €12m, Puma said in a statement, beating analysts’ average expectation of €10.6m.

Sales rose 7% to €827m, compared with the €820m consensus.

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CourtsBusinessFinanceEuro 2016SportclothingFashionpumaPlace: USPerson: Bjoern GuldenPerson: Usain BoltPerson: Matt PowellPerson: GuldenPerson: RihannaPerson: Juergen KolbEvent: Euro 2016Organisation: PumaOrganisation: NPD GroupOrganisation: Kepler CheuvreuxOrganisation: Nike
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