By  on July 27, 2011

PARIS — Despite ongoing challenges such as rising raw material costs, Puma SE, Europe’s second-largest sporting goods firm after Adidas, expects to achieve its full-year sales target of 3 billion euros, or $4.31 billion at current exchange rates.

The company, which published second quarter results Wednesday, said it is sticking to its guidance of a mid-single digit increase in net earnings on a full year basis.

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