Puma SE (OTCPK:PUMSY)

$ 4.72 -0.02 (-0.42%) Market Cap: 7.07 Bil Enterprise Value: 9.09 Bil PE Ratio: 25.35 PB Ratio: 2.66 GF Score: 94/100

Q3 2023 Puma SE Earnings Call Transcript

Oct 24, 2023 / 01:00PM GMT

Release Date Price: $5.71 (+6.93%)

Transcript

Gottfried Hoppe

PUMA SE - IR

Welcome to PUMA's third quarter 2023 earnings call. Our speakers today are Arne Freundt, PUMA Group's CEO, and Hubert Hinterseher, PUMA Group's CFO.

We will start with a presentation by Arne and Hubert, and after that we'll take your questions. And now, without further ado, over to you, Arne.

Arne Freundt

PUMA SE - CEO

Thank you, Gottfried. Also from my side, warm welcome to our Q3 earnings call. As always in the past, I will first guide you through a business update of Q3, updating you on our latest progress which we did on the brand and the priority side, and then I will hand over to Hubert for a financial update, before I then take over again to provide you an outlook for the remainder of the year.

The last quarter was also an important one for us internally, because we celebrated an important internal milestone, PUMA's 75th anniversary. In 1948, our founder, Rudolf Dassler, had created the company with the idea to create the best sports products for the athletes, always with a vision that his products help

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