PUMA SE
ISIN: DE0006969603
WKN: 696960
14 August 2024 09:30AM

EQS-News: PUMA appoints Johan Kuhlo as Managing Director GCC

PUMA SE · ISIN: DE0006969603 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 1967519

EQS-News: PUMA SE / Key word(s): Personnel
PUMA appoints Johan Kuhlo as Managing Director GCC

14.08.2024 / 09:30 CET/CEST
The issuer is solely responsible for the content of this announcement.


 

PRESS RELEASE

PUMA appoints Johan Kuhlo as Managing Director GCC

 

Herzogenaurach, August 14, 2024 – Sports Company PUMA has appointed Johan Kuhlo (43) as the Managing Director GCC. Starting September 1, he will oversee the major markets UAE and Saudi Arabia, as well as Qatar, Kuwait and Oman. He will report directly to PUMA CEO Arne Freundt.

 

Johan, who has been with PUMA since 2015, has held various positions in the company including Head of Corporate Strategy and Investor Relations. Most recently, he worked as Managing Director EEMEA Distribution, where he oversaw more than 40 Markets in Eastern Europe, the Middle East and Africa

 

Taner Seyis (47), who was previously in charge of PUMA Middle East, including the GCC countries, will now lead the newly founded area Turkey & Levant. This area includes Turkey, Azerbaijan, Jordan, Lebanon and Iraq. Taner, who has worked for PUMA for nine years, will continue to report to CEO Arne Freundt.

 

“Given our strong growth trajectory and growth ambition in the Middle East, we decided to realign the territories and management responsibilities to ensure we have sufficient focus and resources to realize the potential in each market and provide the best service to our retail partners,” said PUMA CEO Arne Freundt. “Johan has shown an impressive track record, rapidly growing our business in EEMEA Distribution while strengthening our brand, operations and strategy. Taner has built up our credibility in the Middle East with successful new partnerships and established a strong foundation, so I’m confident, we have the right people in place to elevate our brand in these important regions.”

 

Peter Dangl (37) will become Director EEMEA Distribution and succeed Johan Kuhlo. Peter has been with PUMA for 15 years and previously worked as Head of Product Line Management Sportstyle Apparel before becoming Director Sales EEMEA Distribution.

 

Media Contact: Robert-Jan Bartunek, Corporate Communications, robert.bartunek@puma.com

PUMA is one of the world’s leading sports brands, designing, developing, selling and marketing footwear, apparel and accessories. For more than 75 years, PUMA has relentlessly pushed sport and culture forward by creating fast products for the world’s fastest athletes. PUMA offers performance and sport-inspired lifestyle products in categories such as Football, Running and Training, Basketball, Golf, and Motorsports. It collaborates with renowned designers and brands to bring sport influences into street culture and fashion. The PUMA Group owns the brands PUMA, Cobra Golf and stichd. The company distributes its products in more than 120 countries, employs about 20,000 people worldwide, and is headquartered in Herzogenaurach/Germany.



14.08.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: PUMA SE
PUMA WAY 1
91074 Herzogenaurach
Germany
Phone: +49 9132 81 0
Fax: +49 9132 81 42375
E-mail: investor-relations@puma.com
Internet: www.puma.com
ISIN: DE0006969603
WKN: 696960
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange
EQS News ID: 1967519

 
End of News EQS News Service

1967519  14.08.2024 CET/CEST

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Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2018 2019 2020 2021 2022 2023 2024e
Sales1 4.780,00 5.502,20 5.234,40 6.805,40 8.465,10 8.601,70 9.075,00
EBITDA1,2 413,00 686,60 503,00 862,80 999,30 967,10 1.000,00
EBITDA-Margin3 8,64 12,48 9,61 12,68 11,81 11,24 11,02
EBIT1,4 333,00 440,20 209,20 557,10 640,60 621,60 640,00
EBIT-Margin5 6,97 8,00 4,00 8,19 7,57 7,23 7,05
Net Profit (Loss)1 229,80 309,00 123,10 376,80 353,50 360,60 365,00
Net-Margin6 4,81 5,62 2,35 5,54 4,18 4,19 4,02
Cashflow1,7 249,00 548,80 510,80 609,90 575,60 834,90 0,00
Earnings per share8 1,25 1,76 0,53 2,07 2,36 2,02 1,90
Dividend per share8 0,35 0,00 0,16 0,72 0,82 0,82 0,95
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: KPMG

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INVESTOR-INFORMATION
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Puma
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
696960 DE0006969603 SE 6.815,76 Mio € 25.07.1986 Verkaufen 8FXGHVFX+MW
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
19,80 30,98 0,64 33,33 2,80 8,16 0,79
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
0,82 0,82 0,95 2,09%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
21.05.2025 08.05.2025 31.07.2025 06.11.2024 12.03.2025
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
+0,89%
45,53 €
ATH 115,40 €
+6,95% +6,74% -9,88% -8,76% +2.763,52%

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