Puma tops Germany's midcap index on lower than expected FY loss

PUMA SE

26/02/2026 09:02

** German sportswear maker Puma's PUMG.DE stock trades up 3.4%, paring gains after rising as much as 9.1%, as its FY results beat analyst's expectations of a wider loss

** It posted an EBIT loss of 357.2 million euros  ($421.64 million) for 2025, narrower than the 374.3 million euros expected in a Vara Research poll

** "Puma's FY confirm progress slightly ahead of the journey mapped out in the closing stages of 2025," Jefferies says in a note

** Puma tops Germany's midcap index .MDAXI, which falls 0.6%

($1 = 0.8471 euros)

($1 = 0.8472 euros)

 (Reporting by Tristan Veyet)

 ((Tristan.veyet@thomsonreuters.com))