2023

2022

Notes

€ million

€ million

Sales

19, 24

8,601.7

8,465.1

Cost of sales

24

-4,615.1

-4,562.3

Gross profit

24

3,986.6

3,902.7

Royalty and commission income

38.5

33.8

Other operating income and expenses

20

-3,403.5

-3,295.9

thereof impairment losses on trade receivables and other financial assets

-12.2

-4.4

Operating Result (EBIT)

621.6

640.6

Financial income

21

112.7

79.4

Financial expenses

21

-256.0

-168.3

Financial result

-143.3

-88.9

Earnings before taxes (EBT)

478.3

551.7

Taxes on income

22

-117.8

-127.4

Consolidated net income of the year

360.6

424.4

attributable to:

Non-controlling interests

17, 28

55.7

70.9

Net income attributable to the shareholders of PUMA SE

304.9

353.5

Earnings per share (€)

23

2.03

2.36

Earnings per share (€) - diluted

23

2.03

2.36

Weighted average number of outstanding shares (million shares)

23

149.85

149.65

Weighted average number of outstanding shares, diluted (million shares)

23

149.87

149.66