2025

2024

Notes

€ million

€ million

Sales

19, 25

7,296.2

8,398.0

Cost of sales

25

-4,016.5

-4,400.2

Gross profit

25

3,279.6

3,997.8

Royalty and commission income

92.4

88.5

Other operating income and expenses

20

-3,729.3

-3,537.7

Thereof impairment losses on trade receivables and other financial assets

-29.2

-1.9

Operating result (EBIT)

-357.2

548.7

Financial income

21

75.0

137.3

Financial expenses

21

-240.7

-286.3

Financial result

-165.7

-149.0

Loss/Earnings before taxes (EBT)

-522.9

399.7

Income taxes

22

-120.7

-119.0

Loss/Gain from continued operations

-643.6

280.7

Profit from discontinued operations, net of tax

24

28.4

61.7

Consolidated loss/net income of the year

-615.2

342.3

Attributable to:

Non-controlling interests

17, 29

30.3

60.7

Consolidated net income attributable to the shareholders of PUMA SE

-645.5

281.6

Earnings per share

Earnings per share (€)

23

-4.38

1.89

Earnings per share (€) - diluted

23

-4.38

1.89

Earnings per share from continued operations

Earnings per share from continued operations(€)

23

-4.37

1.88

Earnings per share from continued operations(€) - diluted

23

-4.37

1.88

Weighted average number of outstanding shares (million shares)

23

147.41

149.32

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

23

147.53

149.38