Puma’s profits climb
02/08/2010
Sports footwear, apparel and equipment brand Puma has announced a 16% increase in profits for the second quarter of 2010, although the increase in sales was smaller at 2.5%.
Net profits reached EUR 44.8 million, compared to EUR 38.5 million. Sales reached EUR 615.4 million.
Chief executive, Jochen Zeitz, commented: “We performed according to plan in the second quarter and we are gearing up for solid growth in the second half of the year.”
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