(CercleFinance.com) – Puma reveals net income for the 2023 financial year down 13.7% to 305 million euros, or 2.03 euros per share, as well as operating income (EBIT ) down 3% to 622 million euros, in line with the outlook (590 to 670 million).
The German sporting goods supplier posted a turnover of 8.6 billion euros, up 1.6% in published data and 6.6% excluding currency effects, ‘driven by continued momentum of the brand and robust demand for its products’.
A dividend of 0.82 euros per share will be proposed for 2023. For 2024, Puma anticipates revenue growth excluding currency effects ‘in the mid-single digit range’, as well as EBIT between 620 and 700 million euros.
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