Puma Energy has released full results for 2015, revealing a 28% increase in sales. The audited Full Year Results for the period ended 31 December 2015 show the company´s gross profits at $1.5 billion, up by $63 million from the previous year. Puma Energy increased storage capacity from 5.6 Mm3 to 7.7Mm3, added 400 new service stations, via organic and acquisitive growth, and enter five new markets: South Africa, Colombia, Peru, the United Kingdom and Mexico. “In a difficult macro-economic environment, Puma Energy’s stable strategy, proven business model and strong sales volume growth places us amongst the best-performing majors, confirming our status as an industry leader in 2015,” said Pierre Eladari, Puma Energy CEO. Commenting on these results, Denis Chazarain, CFO, said: “Puma Energy’s ability to attract support in the current market environment is a great confirmation of our diversified business model.” Puma Energy has been expanding its presence across the five continents. It currently has more than 2,300 retail sites, 98 fuel terminals and a storage capacity of 7.7 million m3.
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