Puma: a turnover of €5.502bn (+18.4%) and net profit of €262m (+40%) in 2019

Puma, a German sports equipment brand, posted a turnover of €5.502bn for the financial year 2019, up 18.4% compared to in 2018 (16.7% at a constant exchange rate) on 19/02/2020.

Puma experienced double-digit growth across all regions and product categories during 2019. Footwear contributed €2.552.5bn or 46% of total revenue and apparel €2.068.7m (37.5%), while "the strongest growth was achieved in the Sportstyle, Running and Training, and Motorsport categories," said the brand.

"In the EMEA region, sales rose by 11.2% reported to €2.001.4bn (+11.2% currency adjusted). The main growth drivers were Germany, Spain, Russia, and Turkey. In the Americas region, sales increased by 20.6% reported to €1.944.0bn. Currency adjusted sales increased by 17.9%. The Asia/Pacific region delivered the strongest sales growth of 26.0% reported to €1.556.9bn," added Puma.

Operating profit (EBIT) improved significantly (+30.5%) from €337.4m to €440m in 2019, while net profit increased by 40%, from €187.4m in 2018 to €262m in 2019.

Puma: key figures for the financial year 2019

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