Breaking News, World News and Taiwan News.

Puma says 3rd quarter earnings take hit over heavy restructuring charges

AFP
October 25, 2012, 12:10 am TWN

SHARE CLOSE


Blogger		Google+


Live Journal		Plurk


Stumble Upon

FRANKFURT -- German sportswear giant Puma said Wednesday that earnings plummeted in the third quarter, tripped up by heavy restructuring charges.

Puma said in a statement it has booked a net profit of 12.2 million euros (US$15.8 million) in the period from July to September, a drop of 85.1 percent from the same period a year earlier.

Pretax profit plunged 81.7 percent to 21.3 million euros, despite a 6-percent increase in sales to 892.2 million euros.

SHARE CLOSE


Blogger		Google+


Live Journal		Plurk


Stumble Upon

	PREVIOUS ARTICLE
	Dow Chemical reports 39% drop in profits after revealing cuts, closures

NEXT ARTICLE
Third quarter profits spiral downward for Swedish truck maker AB Volvo

Sponsors
▪	Select hotel by map and save 75% in thousands hotels in Canton, Beijing and 500 cities in China.
▪	GlobalMarket.com is the largest China suppliers B2B directory can help you find quality made in China products, Promotional Products.
▪	Save 75% for all hotels in Shanghai, Beijing and whole China. Lowest rates for Flights in China.
▪	Buy china wholesale products from reliable chinese wholesalers on DHgate.com!
▪	EyewearCanada.com offers prescription glasses from $5.95. 100% Satisfaction guaranteed.
▪	The best place to buy custom tailored prom dress for your big day is at JennyJoseph.com
▪	"JJshouse is the leading supplier of all kinds of dresses. You can buy your favorite prom dresses here."
▪	Myreviewsnow.net offer you the power of making informed purchases before you buy, with product reviews and online consumer myreviewsnow.net.
▪	Buy cheap eyeglasses online and save up to 80% over regular retail price when you buy prescription eyeglasses at cheapglasses123.com.