PUMA group development

    PUMA group development

    T.03 PUMA Group Development (in € million)

     

    2024

    2023

    2022

    2021

    2020

    2019

    2018

    2017

    2016

    2015

    Sales

     

     

     

     

     

     

     

     

     

     

    Consolidated sales

    8,817.2

    8,601.7

    8,465.1

    6,805.4

    5,234.4

    5,502.2

    4,648.3

    4,135.9

    3,626.7

    3,387.4

    - Change in %

    2.5%

    1.6%

    24.4%

    30.0%

    -4.9%

    18.4%

    12.4%

    14.0%

    7.1%

    14.0%

    - Footwear

    4,733.6

    4,583.4

    4,317.9

    3,163.6

    2,367.6

    2,552.5

    2,184.7

    1,974.5

    1,627.0

    1,506.1

    - Apparel

    2,813.9

    2,763.0

    2,896.3

    2,517.3

    1,974.1

    2,068.7

    1,687.5

    1,441.4

    1,333.2

    1,244.8

    - Accessories

    1,269.7

    1,255.3

    1,251.0

    1,124.5

    892.7

    881.1

    776.1

    719.9

    666.5

    636.4

     

     

     

     

     

     

     

     

     

     

     

    Result of operations

     

     

     

     

     

     

     

     

     

     

    Gross profit

    4,177.9

    3,986.6

    3,902.7

    3,257.8

    2,458.0

    2,686.4

    2,249.4

    1,954.3

    1,656.4

    1,540.2

    - Gross profit margin

    47.4%

    46.3%

    46.1%

    47.9%

    47.0%

    48.8%

    48.4%

    47.3%

    45.7%

    45.5%

    Royalty and commission income

    24.3

    38.5

    33.8

    23.9

    16.1

    25.1

    16.3

    15.8

    15.7

    16.5

    EBIT

    622.0

    621.6

    640.6

    557.1

    209.2

    440.2

    337.4

    244.6

    127.6

    96.3

    - EBIT margin

    7.1%

    7.2%

    7.6%

    8.2%

    4.0%

    8.0%

    7.3%

    5.9%

    3.5%

    2.8%

    EBT

    462.3

    478.3

    551.7

    505.3

    162.3

    417.6

    313.4

    231.2

    118.9

    85.0

    - EBT margin

    5.2%

    5.6%

    6.5%

    7.4%

    3.1%

    7.6%

    6.7%

    5.6%

    3.3%

    2.5%

    Net earnings attributable to shareholders of PUMA SE

    281.6

    304.9

    353.5

    309.6

    78.9

    262.4

    187.4

    135.8

    62.4

    37.1

    - Net margin

    3.2%

    3.5%

    4.2%

    4.5%

    1.5%

    4.8%

    4.0%

    3.3%

    1.7%

    1.1%

     

     

     

     

     

     

     

     

     

     

     

    Expenses

     

     

     

     

     

     

     

     

     

     

    Marketing/retail

    1,736.9

    1,643.2

    1,578.5

    1,309.1

    1,050.2

    1,112.1

    931.2

    822.9

    732.3

    697.6

    Personnel

    985.3

    900.6

    846.5

    712.4

    583.7

    640.5

    553.8

    549.1

    493.1

    483.8

     

     

     

     

     

     

     

     

     

     

     

    Balance sheet

     

     

     

     

     

     

     

     

     

     

    Total assets

    7,140.6

    6,640.4

    6,772.7

    5,728.3

    4,684.1

    4,378.2

    3,207.2

    2,853.8

    2,765.1

    2,620.3

    Total equity

    2,828.6

    2,582.3

    2,538.8

    2,278.5

    1,763.9

    1,902.3

    1,722.2

    1,656.7

    1,722.2

    1,619.3

    - Equity ratio

    39.6%

    38.9%

    37.5%

    39.8%

    37.7%

    43.4%

    53.7%

    58.1%

    62.3%

    61.8%

    Working capital

    1,278.2

    1,177.3

    1,086.8

    727.9

    465.8

    549.4

    503.9

    493.9

    536.6

    532.9

    - thereof: inventories

    2,013.7

    1,804.4

    2,245.1

    1,492.2

    1,138.0

    1,110.2

    915.1

    778.5

    718.9

    657.0

     

     

     

     

     

     

     

     

     

     

     

    Cash flow

     

     

     

     

     

     

     

     

     

     

    Free cash flow

    464.3

    369.0

    177.5

    276.2

    276.0

    330.0

    172.9

    128.5

    49.7

    -98.9

    Investments (incl. acquisitions)

    263.0

    300.4

    263.6

    202.4

    151.0

    218.4

    130.2

    122.9

    91.1

    79.5

     

     

     

     

     

     

     

     

     

     

     

    Profitability

     

     

     

     

     

     

     

     

     

     

    Return on equity (ROE)

    10.0%

    11.8%

    13.9%

    13.6%

    4.5%

    13.8%

    10.9%

    8.2%

    3.6%

    2.3%

    Return on capital employed (ROCE)

    23.0%

    25.1%

    28.4%

    31.9%

    15.1%

    29.6%

    25.8%

    20.7%

    10.3%

    7.9%

     

     

     

     

     

     

     

     

     

     

     

    Additional information

     

     

     

     

     

     

     

     

     

     

    Number of employees (year-end)

    19,599

    18,681

    18,071

    16,125

    14,374

    14,332

    12,894

    11,787

    11,495

    11,351

    Number of employees (annual average)

    18,668

    18,023

    16,669

    14,846

    13,016

    13,348

    12,192

    11,389

    11,128

    10,988

     

     

     

     

     

     

     

     

     

     

     

    PUMA share*

     

     

     

     

     

     

     

     

     

     

    Share price (in €)

    44.36

    50.52

    56.70

    107.50

    92.28

    68.35

    42.70

    36.30

    24.97

    19.87

    Earnings per share (in €)

    1.89

    2.03

    2.36

    2.07

    0.53

    1.76

    1.25

    0.91

    0.42

    0.25

    Average outstanding shares (in million)

    149.32

    149.85

    149.65

    149.59

    149.56

    149.52

    149.47

    149.43

    149.40

    149.40

    Number of shares outstanding as of 31 December
    (in million shares)

    148.82

    149.84

    149.76

    149.61

    149.58

    149.55

    149.51

    149.46

    149.40

    149.40

    Market capitalisation

    6,602

    7,570

    8,491

    16,083

    13,804

    10,222

    6,384

    5,426

    3,730

    2,968

    * Disclosures for the prior periods were adjusted retroactively to the 1:10 stock split carried out in the second quarter of 2019