PUMA communicates mid-term financial outlook and dividend policy

Herzogenaurach, March 20, 2018

Disclosure of an inside information according to Article 17 Market Abuse Regulation

PUMA SE (ISIN: DE00069696303 WKN: 696960)

PUMA WAY 1, D-91074 Herzogenaurach

 

PUMA SE holds its Capital Markets Day today and communicates the following mid-term (2018-2022) financial outlook: PUMA expects the currency-adjusted consolidated net sales to grow around 10% on average per year until 2022. The EBIT margin is expected to reach a level of around 10% of consolidated net sales by 2022 at the latest.

 

In addition, PUMA will propose to the Annual General Meeting a distribution of a dividend of between 25% and 35% of the consolidated net earnings, starting with the dividend payout in 2019 for the financial year 2018.