Elizabeth Genia was appointed governor of the Bank of Papua New Guinea despite fighting in court to block a police ...

PUMA is shipping far fewer Chinese-made sneakers to the US as the trade war between the countries heats up. Read more at The ...

German sporting-goods brand Puma has launched 'NextLevel' cost efficiency programme, after its 2024 net income fell short of the previous year's figure and expectations.

Puma SE (PMMAF) reports robust sales growth in Q4 2024, but faces hurdles in translating this into increased profitability.

Puma's fourth-quarter sales rose 9.8 per cent in currency-adjusted terms, below the 12 per cent growth expected by analysts. Puma's net profit last year fell to 282 million euros ($293 million ...

PMMAF (OTC:PMMAF)) with a consistent price target of EUR43.90. The firm's analyst pointed out that Puma is encountering several obstacles, including increased costs that have shifted from being margin ...

The cost-cutting programme aims to get Puma back to an earnings before interest and tax (EBIT) margin of 8.5% by 2027. Puma aims for a 10% EBIT margin in the long term. The EBIT margin for 2024 was ...

For the fourth quarter, a key shopping period, Puma's sales grew by 9.8% in currency-adjusted terms, to 2.289 billion euros ($2.38 billion). Over 2024 as a whole, sales were up by 4.4% in currency ...

Puma's fourth-quarter sales rose 9.8% in currency-adjusted terms, below the 12% growth expected by analysts. Net profit last year fell to 282 million euros ($293 million) from 305 million ...