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PUMA PUMA reports strong Sales and Profitability Growth in the first Quarter despite Lockdown measures and Supply Chain constraints QUARTERLY STATEMENT Q1 2021 Herzogenaurach , April 28 , 2021 2021 First Quarter Facts Sales increase by 25.8 % currency adjusted ( ca ) to € 1,549 million ( + 19.2 % reported ) Gross profit margin improves to 48.5 % ( Q1 2020 : 47.6 % ) Operating expenses ( OPEX ) increase by only 8.6 % Operating result ( EBIT ) improves by 116.7 % to € 154 million ( Q1 2020 : € 71 million ) Net earnings improve from € 36 million in Q1 2020 to € 109 million in Q1 2021 PUMA launches the SHE MOVES US communication platform to celebrate women PUMA unveils ONLY SEE GREAT brand campaign to spark optimism and self - belief Neymar Jr. and PUMA launch a Creativity collection , featuring the FUTURE Z 1.1 football boot as well as shorts , training accessories and off - pitch apparel PUMA launches new running technology NITRO PUMA launches new RE : GEN collection that regenerates textile industry waste into new products PUMA's new multi - channel distribution center in Geiselwind , Germany starts operations 1