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PRESS RELEASE Q2 2021 PUMA . PUMA reports strong Growth in the second Quarter due to continued Brand Momentum and operational Flexibility Herzogenaurach , July 29 , 2021 2021 Second Quarter Facts Sales increase by 96 % currency adjusted ( ca ) to € 1,589 million ( Q2 2020 : € 831 million ) Gross profit margin improves to 47.5 % ( Q2 2020 : 43.9 % ) Operating expenses ( OPEX ) increase to € 650 million ( Q2 2020 : € 484 million ) Operating result ( EBIT ) improves to € 109 million ( Q2 2020 : € -115 million ) Net earnings improve to € 49 million ( Q2 2020 : € -96 million ) PUMA team Italy wins the UEFA Euro 2020 In the FASTER + programme , PUMA joins forces with MERCEDES AMG PETRONAS F1 to create its fastest ever track & field spikes PUMA athlete Karsten Warholm breaks the 29 - year - old 400m hurdles World Record , wearing the spikes developed in the FASTER + programme PUMA signs a long - term partnership with Breanna " Stewie " Stewart , the most valuable player in the WNBA PUMA athlete LaMelo Ball is NBA's Rookie of the Year PUMA commits to protecting forests in partnership with NGO Canopy PUMA appoints Hubert Hinterseher as its new Chief Financial Officer and Arne Freundt as its new Chief Commercial Officer starting June 1 1