By  on October 18, 2017

PARIS — Puma SE on Wednesday raised its full-year guidance for the third time this year, citing a strong increase in third-quarter sales and profitability, as well as the positive business outlook for the fourth quarter of 2017.

The German sportswear company, which is controlled by French group Kering, said it now expects sales to grow between 14 percent and 16 percent, adjusted for currencies, up from its previous target of 12 percent to 14 percent.

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