Decline in Hummer's operating performance

FRANKFURT (Reuters) - On November 9, Puma Corporation announced that its third-quarter operating performance was down 21.6% to 98 million euros. It is also expected that the final quarter of this year will face many difficulties. In 2010, due to the World Cup, the situation will be somewhat improve.

FRANKFURT (Reuters) - On November 9, Puma Corporation announced that its third-quarter operating performance was down 21.6% to 98 million euros. It is also expected that the final quarter of this year will face many difficulties. In 2010, due to the World Cup, the situation will be somewhat improve.

Analysts interviewed by Reuters were generally expected to be 101 million euros.

The Hummer behind Nike and Adidas is the world's third-largest producer of sporting goods. The company’s president said, “We hope that the World Cup in South Africa next year will prompt the situation to start to improve. Because of our close relationship with African football, Hummer can be said to have achieved the benefits at home.”

The PPR Group Puma Company stated that the company's sales decreased 6.3% to 673.4 million euros after deducting exchange rate fluctuations.

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