Puma: 14% decline in annual net income
The German sporting goods supplier posted sales of 8.6 billion euros, up 1.6% on a reported basis and 6.6% excluding currency effects, 'driven by continued brand momentum and robust demand for its products'.
A dividend of 0.82 euros per share will be proposed in respect of 2023. For 2024, Puma anticipates sales growth excluding currency effects 'in the mid-single-digit range', as well as EBIT of between €620 and €700 million.
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