EQS-News: PUMA appoints Johan Kuhlo as Managing Director GCC
EQS-News: PUMA SE
/ Key word(s): Personnel
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. |
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 |
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1967519 14.08.2024 CET/CEST
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 |
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 |
Dividend '2022 in € |
Dividend '2023 in € |
Dividend '2024e in € |
Div.-Yield '2024e in % |
0,82 | 0,82 | 0,95 | 2,09% |
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 |
Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
+6,95% | +6,74% | -9,88% | -8,76% | +2.763,52% |
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