Puma Launches Cost-Saving Program

Puma Launches Cost-Saving Program After 2024 Profit Falls Short of Expectations
The German sporting-goods company said net income last year fell to €282 million from €305 million in 2023, citing higher net interest expenses and the effect of higher non-controlling interests.
Puma launches cost-cutting drive after 2024 net profit disappoints
Sportswear brand Puma announced a cost-cutting programme on Wednesday after reporting 2024 net profit below the prior year's level, missing its expectations.
Puma plans efficiency programme as figures fail to meet expectations
German sporting apparel group Puma is planning to introduce an efficiency programme aiming to raise the company's profit margin, boss Arne Freundt said on Wednesday. Puma achieved a higher operating result in the fourth quarter,
EXEC: Puma Comes Up Short on 2024 Bottom Line; Sets Cost-Cutting Program
When compared to the first nine months 2024, a stronger growth trajectory was achieved across EMEA (+14.3 percent ca), Europe (+10.3 percent ca), Greater China (+7.4 percent ca), Other APAC (+19.0 percent ca) and North America (+2.6 percent ca), while LATAM’s sales growth was softer with +7.0 percent growth on a currency-adjusted basis.
Puma Starts Cost-Cutting Program After Disappointing Earnings
Puma SE is launching a cost-efficiency program after the German sportswear company’s fourth-quarter earnings missed analyst estimates.
Puma launches cost cutting program as preliminary result show profit decline
Puma SE (ETR:PUMG) launched a cost-cutting programme as it issued a preliminary result with decline in operational profit.
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