Html - PUMA CATch up
Html - PUMA CATch up
Html - PUMA CATch up
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P : 119 | C : 2<br />
Earnings bEforE taxEs (Ebt)<br />
Earnings before taxes dropped from € 320.4 million to € 112.3 million or in percentage terms<br />
from 10.6% to 3.4% of sales. This decrease is essentially the result of the special items<br />
already mentioned. Tax expenses decreased from von € 90.0 million to € 32.5 million. At<br />
28.9% the tax rate was just above the rate from the previous year of 28.1%.<br />
nEt Earnings<br />
Net earnings for the financial year amounted to € 70.2 million compared to € 230.1 million<br />
in the previous year. The net rate of return reached 2.1% compared to 7.6% in the previous<br />
year.<br />
Earnings per share as well as diluted earnings per share amounted to € 4.69 in comparison<br />
to € 15.36 in the previous year.<br />
pUMa BUsiness and sUstainaBility RepoRt 2012<br />
f.11<br />
t.1<br />
in €<br />
20.00<br />
16.00<br />
12.00<br />
8.00<br />
4.00<br />
0.00<br />
ManageMent RepoRt<br />
Earnings / DiviDEnD PEr sharE<br />
Earnings per share Dividend<br />
DiviDEnDs<br />
2008 2009 2010 2011 2012<br />
The Managing Directors will recommend to the Administrative Board and the shareholders at<br />
the Annual General Meeting on May 7, 2013 that a dividend of € 0.50 per share is distributed<br />
from <strong>PUMA</strong> SE’s retained earnings for financial year 2012. As a percentage of consolidated<br />
sales, the payout ratio amounts to 10.6%, compared to 13.0% in the previous year. The<br />
dividends will be distributed the day after the Annual General Meeting, when the resolution<br />
on the distribution is adopted.<br />
in €<br />
3.00<br />
2.50<br />
2.00<br />
1.00<br />
0.50<br />
0.00