Herzogenaurach, germany - March 20, 2018
PUMA COMMUNICATES MID-TERM FINANCIAL OUTLOOK AND DIVIDEND POLICY
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.