July 16, 2021
German sportswear company Puma Boosted by strong demand in the second quarter, especially in North America, we raised our 2021 sales outlook on Friday.
Puma said it expects 2021 currency-adjusted sales to increase by at least 20% from previous forecasts for mid-teens annual sales.
It has also designated full-year operating income guidance and currently expects EBIT before interest and tax of € 400-500 million ($ 472 million- $ 590 million).
According to Puma, second-quarter currency-adjusted sales nearly doubled to € 1,589 million and EBIT was a profit of around € 109 million.
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Puma raises 2021 outlook driven by strong second quarter
Source link Puma raises 2021 outlook driven by strong second quarter