Puma's 2016 sales reach 3.6 billion euros
A few days ago, the Puma Group announced its 2016 financial report. According to data, in 2016 Puma achieved growth that exceeded market expectations, with sales totaling 3.626 billion euros, an increase of 7.1% year-on-year, and even exceeded the Group's own expectations. Net profit achieved a strong growth of 68%, from € 37.1 million in the previous year to € 62.4 million.
Insiders pointed out that the Puma Group has made outstanding performances in football, running, racing, and tide products in the past year. The reason for the breakthrough is. "He predicts that at this growth rate, Puma may reach a record high profit before tax and interest of 170 million euros this year.