Puma Se Unsp/Adr (PUMSY) Q1 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.284 -- 00:00:03.007 Ladies and gentlemen, thank you for standing by. 00:00:03.007 -- 00:00:08.212 Welcome and thank you for joining the Q1 2025 earnings call of Puma SC. 00:00:08.212 -- 00:00:12.737 Throughout today's recorded presentation, all participants will be in listen-only mode. 00:00:12.737 -- 00:00:16.260 The presentation will be followed by a question and answer session. 00:00:16.260 -- 00:00:20.184 If you would like to ask a question, you may press star followed by one on your touch-tent 00:00:20.184 -- 00:00:25.109 elephant. Please press the star key followed by zero for operator assistance. 00:00:25.109 -- 00:00:29.661 I would now like to turn the conference over to Gottfried Hoppe, Director, Investor Relations. 00:00:29.661 -- 00:00:32.081 Please go ahead. 00:00:32.425 -- 00:00:37.673 Thank you very much, Maura. Ladies and gentlemen, welcome to PUMA's Q1 2025 00:00:37.673 -- 00:00:42.760 earnings call. Today, I'm joined by our Group CFO, Markus 00:00:42.760 -- 00:00:47.868 Neubrand. Markus will take you through a short presentation and then we will open up 00:00:47.868 -- 00:00:53.373 for the Q&A session. Now, let's kick it off and over to you, Markus. 00:00:54.999 -- 00:00:59.108 Thank you, Gottfried. Good afternoon also from my side. 00:00:59.108 -- 00:01:04.333 Before I guide you through the agenda of today's investor call, I would like to start 00:01:04.333 -- 00:01:09.076 with some opening remarks about the first quarter of 2025. 00:01:09.838 -- 00:01:14.743 Our overall financial results were broadly in line with expectations, 00:01:14.743 -- 00:01:19.768 with our sales and adjusted operating results slightly ahead of our expectations 00:01:19.768 -- 00:01:21.969 for Q1. 00:01:22.031 -- 00:01:26.279 Our sales achieved last year's le...