By  on February 27, 2008

Sporting goods and apparel retailer Puma AG posted a robust jump in fourth-quarter earnings, buoyed by strong sales in Europe and Asia.

For the fourth quarter, earnings leapt 17 percent to 38.3 million euros, or $56 million, on sales that gained 5 percent to 504.5 million euros, or $736 million. Dollar figures are at the average exchange rate.

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