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Puma SE (PUMG.DE)

PUMG.DE on Xetra

361.50EUR
23 Feb 2018
Change (% chg)

€7.50 (+2.12%)
Prev Close
€354.00
Open
€358.00
Day's High
€363.50
Day's Low
€358.00
Volume
16,803
Avg. Vol
13,410
52-wk High
€395.75
52-wk Low
€284.20

Latest Key Developments (Source: Significant Developments)

Kering Says Will Retain 15.70 Percent Of Puma's Share Capital Following Spin-Off
Tuesday, 13 Feb 2018 01:47am EST 

Feb 13 (Reuters) - Kering ::SAYS KERING AND ARTEMIS UNDERTAKE TO RETAIN THEIR STAKE IN PUMA <<>> FOR SIX AND 12 MONTHS RESPECTIVELY FROM THE PAYMENT DATE OF SHARES IN PUMA TO KERING SHAREHOLDERS.SAYS KERING AND ARTEMIS DECLARE THAT THEY WILL ACT IN CONCERT VIS-A-VIS PUMA POST-COMPLETION OF THE DISTRIBUTION IN KIND.SAYS KERING RESERVES THE POSSIBILITY TO PURCHASE PUMA SHARES POST-COMPLETION OF THE DISTRIBUTION IN KIND DEPENDING ON MARKET CONDITIONS.SAYS WILL RETAIN 15.70 PERCENT OF PUMA'S SHARE CAPITAL AND 15.85 PERCENT OF THE SHARES OUTSTANDING AND VOTING RIGHTS OF PUMA FOLLOWING SPIN-OFF TO SHAREHOLDERS.  Full Article

Puma SE Plans To Distribute A One-Off Dividend Of 12.50 EUR Per Share For Financial Year 2017​
Friday, 9 Feb 2018 10:50am EST 

Feb 9 (Reuters) - Puma SE ::DGAP-ADHOC: PUMA SE: PUMA PLANS TO DISTRIBUTE A ONE-OFF DIVIDEND OF 12.50 EUR PER SHARE FOR THE FINANCIAL YEAR 2017.‍PUMA PLANS TO DISTRIBUTE A ONE-OFF DIVIDEND OF 12.50 EUR PER SHARE FOR FINANCIAL YEAR 2017​.  Full Article

Puma And Senegal FA Announce Deal from World Cup 2018
Thursday, 8 Feb 2018 04:35am EST 

Feb 8 (Reuters) - PUMA SE ::PUMA AND SENEGAL FOOTBALL ASSOCIATION ANNOUNCE LONG-TERM PARTNERSHIP.PARTNERSHIP WILL START FOR THE WORLD CUP 2018‍​.  Full Article

Kering Will Look At Options For Volcom Sportwear Brand Following Puma Spin-Off
Thursday, 11 Jan 2018 12:25pm EST 

Jan 11 (Reuters) - Kering ::CFO SAYS COMPANY WILL LOOK AT OPTIONS FOR ITS VOLCOM SPORTWEAR BRAND FOLLOWING PUMA SPIN-OFF.  Full Article

Kering says will not be looking at Puma options in short-term
Tuesday, 24 Oct 2017 01:51pm EDT 

Oct 24 (Reuters) - Kering CFO :Says on conference call Balenciaga has potential to reach 1 billion euros in sales in the mid-term.Says still confident on Gucci performance in 2018 in spite of tougher comparisons and foreign exchange climate.Says Puma remains a non-strategic asset, but Kering not likely to consider options for the business in the short-term.Says M&A is not on the agenda, company focused on organic growth.  Full Article

Puma CEO expects weaker Q4 margin due to promotional market
Tuesday, 24 Oct 2017 04:13am EDT 

Oct 24 (Reuters) - Puma :Ceo says has not heard anything about possible Kering plans to sell stake.Ceo says does not expect q4 gross margin to be very strong, says market very promotional.  Full Article

Puma raises 2017 guidance
Wednesday, 18 Oct 2017 09:57am EDT 

Oct 18 (Reuters) - PUMA SE ::PUBLISHES PRELIMINARY RESULTS FOR THE THIRD QUARTER 2017 AND RAISES FULL-YEAR GUIDANCE FOR 2017.‍RAISES FULL-YEAR GUIDANCE FOR ITS CONSOLIDATED SALES, GROSS PROFIT MARGIN​.‍IN Q3 2017, SALES INCREASED CURRENCY ADJUSTED BY APPROX. 17% (APPROX. 13% IN REPORTED TERMS) TO EUR 1,122 MILLION​.‍OPERATING RESULT (EBIT) IN Q3 2017 INCREASED TO APPROX. EUR 101 MILLION (Q3 2016: EUR 60 MILLION)​.‍NOW EXPECTS 2017 CURRENCY ADJUSTED SALES WILL INCREASE BETWEEN 14% AND 16%​.FY ‍EBIT IS NOW ANTICIPATED TO COME IN BETWEEN EUR 235 MILLION AND EUR 245 MILLION​.‍2017 GROSS PROFIT MARGIN IS NOW ANTICIPATED TO IMPROVE TO APPROX. 46.5%​.‍MANAGEMENT STILL EXPECTS THAT NET EARNINGS WILL IMPROVE SIGNIFICANTLY IN 2017​.FY EBIT PREVIOUS GUIDANCE BETWEEN EUR 205 MILLION AND EUR 215 MILLION.  Full Article

Puma Q2 gross margin improves to 46.5 pct
Wednesday, 26 Jul 2017 02:00am EDT 

July 26 (Reuters) - Puma SE :Says strong sales and EBIT growth continues in the second quarter.Says gross profit margin improved, despite negative currency effects, by 90 basis points from 45.6 pct in Q2 last year to 46.5 pct.  Full Article

Puma expects FY 2017 EBIT of 185-200 mln euros
Tuesday, 25 Apr 2017 02:08am EDT 

April 25 (Reuters) - Puma SE ::Puma se - raised our outlook for full year to low double digit growth in revenue.Puma se - expects full-year EBIT to be between 185 million and 200 million euros.Q1 sales increase by 15% currency-adjusted to 1,005 million euros ($1.09 billion).Q1 net earnings improved by 92.2% to 49.6 million euros(prior year: 25.8 million euros).Says all regions supported the sales growth showing a double-digit increase.  Full Article

Puma Q1 EBIT up at 70 mln euros
Wednesday, 12 Apr 2017 02:00am EDT 

Puma SE : Publishes preliminary results for the first quarter 2017 and raises full-year guidance for 2017 . In Q1 2017, consolidated sales increased currency adjusted by approx. 15% (approx. 18% in reported terms) to 1,005 million euros ($1.07 billion) compared to 852 million euros in Q1 last year . EBIT in Q1 2017 increased by approx. 70% to approx. 70 million euros (Q1 2016: 41.3 million euros) . In light of strong first-quarter increase in sales and profitability as well as positive business outlook for current year 2017, PUMA raises full-year guidance for its consolidated sales and operating result (EBIT). . 2017: 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) . 2017: operating result (EBIT) is now anticipated to come in between 185 million and 200 million euros (previous guidance: between 170 million and 190 million euros) .Management still expects that net earnings will improve significantly in 2017.  Full Article

Photo

Gucci helps Kering fashion strong sales growth

PARIS Kering , owner of the Gucci brand, reported better than expected sales growth in the fourth quarter and said 2018 should be another solid year as it refocuses on luxury and boosts other fashion labels including Balenciaga. | Video