PUMA Group Development

Sales

Consolidated sales

5,234.4

5,502.2

4,648.3

4,135.9

3,626.7

3,387.4

2,972.0

2,985.3

3,270.7

3,009.0

– Change in %

-4.9%

18.4%

12.4%

14.0%

7.1%

14.0%

-0.4%

-8.7%

8.7%

11.2%

– Footwear

2,367.6

2,552.5

2,184.7

1,974.5

1,627.0

1,506.1

1,282.7

1,372.1

1,595.2

1,539.5

– Apparel

1,974.1

2,068.7

1,687.5

1,441.4

1,333.2

1,244.8

1,103.1

1,063.8

1,151.9

1,035.6

– Accessories

892.7

881.1

776.1

719.9

666.5

636.4

586.3

549.4

523.6

433.9

Result of operations

Gross profit

2,458.0

2,686.4

2,249.4

1,954.3

1,656.4

1,540.2

1,385.4

1,387.5

1,579.0

1,493.4

– Gross profit margin

47.0%

48.8%

48.4%

47.3%

45.7%

45.5%

46.6%

46.5%

48.3%

49.6%

Royalty and commission income

16.1

25.1

16.3

15.8

15.7

16.5

19.4

20.8

19.2

17.6

EBIT1)

209.2

440.2

337.4

244.6

127.6

96.3

128.0

191.4

290.7

333.2

– EBIT margin

4.0%

8.0%

7.3%

5.9%

3.5%

2.8%

4.3%

6.4%

8.9%

11.1%

EBT

162.3

417.6

313.4

231.2

118.9

85.0

121.8

53.7

112.3

320.4

– EBT margin

3.1%

7.6%

6.7%

5.6%

3.3%

2.5%

4.1%

1.8%

3.4%

10.6%

Net earnings

78.9

262.4

187.4

135.8

62.4

37.1

64.1

5.3

70.2

230.1

– Net margin

1.5%

4.8%

4.0%

3.3%

1.7%

1.1%

2.2%

0.2%

2.1%

7.6%

Expenses

Marketing/retail

1,050.2

1,112.1

931.2

822.9

732.3

697.6

599.7

544.1

609.3

550.7

Personnel

583.7

640.5

553.8

549.1

493.1

483.8

425.3

415.7

438.8

393.8

Balance sheet

Total assets

4,684.1

4,378.2

3,207.2

2,853.8

2,765.1

2,620.3

2,549.9

2,308.5

2,530.3

2,581.8

Shareholders' equity

1,763.9

1,902.3

1,722.2

1,656.7

1,722.2

1,619.3

1,618.3

1,497.3

1,597.4

1,605.2

– Equity ratio

37.7%

43.4%

53.7%

58.1%

62.3%

61.8%

63.5%

64.9%

63.1%

62.2%

Working capital

465.8

549.4

503.9

493.9

536.6

532.9

455.7

528.4

623.7

534.0

– thereof: inventories

1,138.0

1,110.2

915.1

778.5

718.9

657.0

571.5

521.3

552.5

536.8

Cash flow

Free cash flow

276.0

330.0

172.9

128.5

49.7

-98.9

39.3

29.2

-8.2

16.8

Investments (incl. acquisitions)

151.0

218.4

130.2

122.9

91.1

79.5

96.4

76.3

172.9

115.3

Profitability

Return on equity (ROE)

4.5%

13.8%

10.9%

8.2%

3.6%

2.3%

4.0%

0.4%

4.4%

14.3%

Return on capital employed (ROCE)

15.1%

29.6%

25.8%

20.7%

10.3%

7.9%

11.5%

5.6%

8.6%

28.7%

Additional information

Number of employees (year-end)

14,374

14,332

12,894

11,787

11,495

11,351

11,267

10,982

11,290

10,836

Number of employees (annual average)

13,016

13,348

12,192

11,389

11,128

10,988

10,830

10,750

10,935

10,043

PUMA share*

Share price (in €)

92.28

68.35

42.70

36.30

24.97

19.87

17.26

23.50

22.49

22.50

Earnings per share (in €)

0.53

1.76

1.25

0.91

0.42

0.25

0.43

0.04

0.47

1.54

Average outstanding shares (in million)

149.56

149.52

149.47

149.43

149.40

149.40

149.40

149.40

149.67

149.81

Number of shares outstanding as of Dec, 31
(in million)

149.58

149.55

149.51

149.46

149.40

149.40

149.40

149.40

149.39

149.35

Market capitalization

13,804

10,222

6,384

5,426

3,730

2,968

2,578

3,511

3,359

3,360