By  on March 20, 2018

PARIS — With its Capital Markets Day underway in London, Puma SE on Tuesday released an ad-hoc statement regarding its midterm financial outlook.

The Herzogenaurach, Germany-based company said it expects currency-adjusted consolidated net sales to grow by around 10 percent on average per year until 2022. Earnings before interest and taxes margin should reach a level of around 10 percent of consolidated net sales by 2022 at the latest.

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