Puma sales and earnings improve in Q4

Sales in the fourth quarter of 2020 increased by 9.1 percent at Puma Se to 1,520.1 million euros or increased 2.8 percent reported. The company said, this growth was led by 11.8 percent sales increase in Asia/Pacific, driven by Greater China. The company added that the positive development was also supported by 9.8 percent sales growth in EMEA, despite COVID-19-related lockdown measures in Europe as of November. In addition, sales in the Americas rose by 6.1 percent with growth across North and Latin America.