Puma expects weaker first half in 2024 By Reuters
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© Reuters. A salesman shows a shoe in the sport store PUMA, as the spread of the coronavirus disease (COVID-19) continues, in Berlin, Germany, April 25, 2020. REUTERS/Annegret Hilse/file photo
(Reuters) – Puma on Tuesday said it expects a weaker first half of 2024, as negative currency effects continue to put pressure on the German sportswear company.
The group reiterated its 2024 projection for mid-single-digit percentage growth in currency-adjusted sales, and earnings before interest and tax of 620 million to 700 million euros ($672 million to $759 million).
($1 = 0.9220 euros)
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© Reuters. A salesman shows a shoe in the sport store PUMA, as the spread of the coronavirus disease (COVID-19) continues, in Berlin, Germany, April 25, 2020. REUTERS/Annegret Hilse/file photo
(Reuters) – Puma on Tuesday said it expects a weaker first half of 2024, as negative currency effects continue to put pressure on the German sportswear company.
The group reiterated its 2024 projection for mid-single-digit percentage growth in currency-adjusted sales, and earnings before interest and tax of 620 million to 700 million euros ($672 million to $759 million).
($1 = 0.9220 euros)
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