Список проголосовавших за комментарий " <table class="BriefingDataTable" border="0" cellspacing="0" cellpadding="0"><tr> <td class="tickerColumn"> </td> <td class="articleColumn">Puma shares higher by 2% after it reported Q4 results/provided FY17 outlook (308.41)<ul><li>Co reported Q4 EPS of (EUR 0.31) vs (EUR 0.29) last year; revs +10.2% YoY to EUR 3.626 bln, up 7.1% YoY.</li><li>The operating result grew by 30.2% to € 14.1 million. This development is a result of the increase of sales and the improvement of the gross profit margin in the quarter.</li><li>The Asia/Pacific region was also a strong driver of the overall growth of PUMA in 2016. Sales were up by 8.5% currency adjusted to € 904.5 million (+10.5% reported).</li><li>The gross profit margin improved 20 basis points from 45.5% last year to 45.7% for the full year 2016.</li><li>FY17: <ul><li>F<strong>or the full year 2017 we expect that currency-adjusted net sales will increase at a high single-digit rate. The gross profit margin is forecasted to improve to approximately 46.0% (2016: 45.7%).</strong> Operating expenses are expected to increase at a mid to high single-digit rate, as PUMA will continue to invest in marketing, in the modernization and expansion of the owned and operated retail store network and in IT-infrastructure. At the same time, management will continue to place a strong emphasis on strict control of other operating costs.</li><li>At the current exchange rate levels, PUMA's management expects that the operating result will improve significantly in 2017, thanks to operating leverage, as sales will increase stronger than OPEX, combined with a slightly improved gross profit margin. <strong>EBIT for the full year 2017 is therefore expected to come in between € 170 million and € 190 million. Net earnings will also continue to improve significantly in 2017.</strong></li></ul></li></ul></td> </tr></table>"