But given the increased uncertainty in the world, we have decided to stick to our initial outlook from the beginning of this year. Based on such a strong first quarter, we would normally raise our outlook for the full year. We have had the highest growth rates in the performance categories like Running, Football, Basketball and Golf, which confirms that our investments into innovation and marketing are paying off.
I am very happy to see that the growth is coming from all product divisions and all business units. The demand for our products was high, both from retailers and consumers, and our operations people were able to move enough product through a tight supply chain to partly fulfill this increasing demand. Despite of all the obstacles and uncertainties, we achieved a sales growth of 20% to € 1,912 million and an EBIT growth of 27% to € 196 million in the first quarter. “We have had a very good start into 2022.
PUMA signs multi-year contract with the Brazilian Confederation of Athletics (CBAt)īJØRN GULDEN, CHIEF EXECUTIVE OFFICER OF PUMA SE:. PUMA brand campaign “SHE MOVES US” continues with runner Molly Seidel and footballer Sara Björk Gunnarsdottir. and PUMA launch the FUTURE Instinct football boot edition PUMA trials garment to garment recycling in circularity project RE:JERSEY, using old football kits to produce new ones. PUMA and the Italian Lega Serie A announce new long-term partnership to start in season 2022/23. PUMA teams up with Alfa Romeo F1 Team ORLEN to equip China’s first F1 driver Zhou Guanyu and Valtteri Bottas with race gear. PUMA releases special edition of LaMelo Ball's signature basketball shoe MB.01. 
PUMA partners with French fashion brand AMI in an exclusive collaboration. Net earnings improve by 11.2% to € 121 million (Q1 2021: € 109 million). EBIT margin increases by 30 basis points to 10.3% (Q1 2021: 10.0%). Operating result (EBIT) improves by 27.0% to € 196 million (Q1 2021: € 154 million). Operating expenses (OPEX) increase 18.6% while OPEX ratio improves.
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