Puma’s net profit fell to € 29 million ($36 million) in the period from July to September from € 53 million a year earlier, operating profit was also down, falling to € 46 million from € 80 million, while sales increased by 3.7 per cent to € 843.4 million. Bjorn Gulden, Chief Executive of the company said, “In a good third quarter, Puma achieved sales that were slightly better than expected. It would “continue to invest strongly in marketing and sports assets as well as start investing in IT infrastructure, while maintaining tight control on other operating expenditures.”
