In a preliminary statement, Puma reports a currency-adjusted sales increase of about 14 percent to €1,767 million in the fourth quarter of 2021, leading to an improved operating profit of €65 million for the period, up from €63 million in the corresponding quarter of 2020. The results were achieved in spite of the negative impact from the Covid pandemic and continued supply chain constraints, the company notes.
For the full financial year, Puma reached record results in terms of sales and operating earnings. Sales went up by around 32 percent on a currency-neutral basis, building up to a level of €6,805 million. The operating profit more than doubled to €557 million from €209 million in the previous year.
The final quarterly results are due to be published on Feb. 23.
