Puma Forecasts Another Year of Losses, Scraps Dividend

Bloomberg · Feb 26, 2026 · Collected from RSS

Summary

Puma SE forecast another loss this year and scrapped its dividend as the German brand looks to clear unsold sneakers and apparel and position itself for a return to profitable growth in 2027.

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Puma Forecasts Another Year of Losses, Scraps Dividend

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Bloombergabout 2 hours ago
Erste Says Interest Income to Top €11 Billion After Poland Deal
Erste Group Bank AG said its net interest income may exceed analyst expectations this year after its €7 billion ($8.3 billion) deal to enter the Polish market.

Bloombergabout 2 hours ago
Drax Takes Hit on Biomass Projects in Canada, UK as Profit Falls
Drax Group Plc full year profits slumped as it booked impairments on its Canadian biomass pellets business and UK carbon capture project.

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Bloombergabout 3 hours ago
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The London Stock Exchange Group Plc has announced plans to buy back £3 billion ($4.1 billion) of its own shares, as it reported full year result less than a month after it emerged that Elliott Investment Management had taken a stake.

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South Africa's latest budget is being seen as a turning point for the country's public finances. Markets responded positively with the rand stronger, bond yields falling and equities hitting record highs. Kgothatso Baloyi, Trading Structurer at RMB spoke to Joumanna Bercetche on Horizons Middle East and Africa. (Source: Bloomberg)

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