PUMA SE Reports Higher Q4 Profit and Adjusted EBIT Outlook

PUMA SE sees growth with Q4 profit rising. The forecast for fiscal 2025 shows a projected adjusted EBIT between 520-600 million euros. The company experienced a solid sales increase and improved earnings per share, signaling positive trends for investors.

Date: 12-03-2025

AI Rating: 7

**Earnings Analysis**: In the fourth quarter, PUMA SE reported a **net income** of 24.5 million euros, a significant increase from the previous year's 0.8 million euros. This improvement is a positive indicator that can enhance investor confidence and may drive stock prices up. The **Earnings Per Share (EPS)** also rose to 0.16 euro, compared to 0.01 euro last year, showcasing substantial growth which signals effective management and increasing profitability. **Sales Growth**: The company achieved a sales growth of 15.5% year-over-year, reaching 2.29 billion euros, contributing to a more favorable outlook. This robust growth was seen across all regions, product divisions, and distribution channels which suggests a stable business model and resilience in the current market environment. **Profit Margins**: The operating result (EBIT) increased by 15.3% to 108.9 million euros, and the EBIT margin remained steady at 4.8%. This consistency indicates effective cost management despite rising operating expenses, which grew by 15.8% year-over-year. PUMA also projects an adjusted EBIT range of 520 to 600 million euros for fiscal 2025, which reflects cautious optimism about future performance. Despite the positive indicators, the proposed **dividend** has decreased from 0.82 euros to 0.61 euros per share for the financial year 2024, which reflects a more conservative approach amid rising operational costs. **Conclusion**: Overall, PUMA SE shows strong financial performance with significant improvements in net income and EPS, which should positively impact stock prices, although the decrease in dividend may cause some investor concern. The forecast for fiscal 2025 remains solid, but cautious, appealing to a broad range of investors.

Stocks: PMMAF