Consolidated financial results for the 3rd Quarter and First Nine Months of 2005

November 04, 2005

Herzogenaurach, Germany, November 4, 2005 – PUMA AG announces its consolidated financial results for the 3rd Quarter and First Nine Months of 2005

 

Highlights Q3:

* Another record quarter in sales and earnings
* Branded sales rise more than 18% and consolidated sales more than 16%
* Gross profit margin above 52%
* Strong EBIT margin remains above 24%
* Net earnings increases by almost 12% and EPS reaches 5.70 € versus 5.14 €

Highlights First Nine Months:

* Global brand sales strongly up by over 16%
* Growth in consolidated sales accelerates to almost 14%
* Gross profit margin remains around 53%
* EBIT margin at 24%
* EPS jumps from 13.42 € to 15.02 €

Outlook 2005:

* Future orders up by more than 10% marking the 39th consecutive quarter of order increase
* Management now expects double-digit sales growth and confirms the 5th consecutive year of record earnings for 2005