Brief: Puma - FY Sales Decline By 8.1% On A Currency-Adjusted Basis

PUMA SE

26/02/2026 07:14

Feb 26 (Reuters) - Puma SE PUMG.DE:

FY SALES DECLINE BY 8.1% ON A CURRENCY-ADJUSTED BASIS (CA) TO EUR 7,296.2 MLN (-13.1% REPORTED)

FY GROSS PROFIT MARGIN DOWN 260 BASIS POINTS TO 45.0%

OUTLOOK 2026: CURRENCY-ADJUSTED SALES TO DECLINE IN LOW- TO MID-SINGLE-DIGIT PERCENTAGE RANGE

FY ADJUSTED EBIT, EXCLUDING ONE-TIME EFFECTS, DECREASES TO EUR -165.6 MLN

OUTLOOK 2026: COMPANY PROJECTS AN OPERATING RESULT (EBIT) BETWEEN EUR -50 AND EUR -150 MLN

FY REPORTED EBIT AMOUNTS TO EUR -357.2 MLN, INCLUDING ONE-TIME EFFECTS OF EUR 191.6 MLN

OUTLOOK 2026: CAPITAL EXPENDITURES (CAPEX) ARE PROJECTED AT AROUND EUR 200 MLN

PUMA SECURES ADDITIONAL FINANCING AND ENDS YEAR WITH UNUTILISED CREDIT LINES OF EUR 1,202.2 MLN

Q4 CURRENCY-ADJUSTED SALES DECREASED BY 20.7% TO EUR 1,564.9 MILLION

MANAGEMENT BOARD AND SUPERVISORY BOARD OF PUMA SE WILL PROPOSE TO ANNUAL GENERAL MEETING ON 19 MAY 2026 THAT NO DIVIDEND SHOULD BE DISTRIBUTED FOR FINANCIAL YEAR 2025

Q4 GROSS PROFIT MARGIN DECLINED BY 750 BASIS POINTS TO 40.2%

Q4 ADJUSTED EBIT, EXCLUDING ONE-TIME EFFECTS, DECREASED TO EUR -228.8 MLN

Q4 FINANCIAL RESULT DECREASED BY 4.1% TO EUR -42.3 MLN

Further company coverage: PUMG.DE

 (Gdansk Newsroom)

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