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Pre-close calls in the spotlight again as Puma decides against analyst briefing

Traders push regulators to issue clear guidance on how calls are organised

Puma not the only company seeing unusually high levels of trading activity around pre-close calls
Puma not the only company seeing unusually high levels of trading activity around pre-close calls Photo: Getty Images

Puma has rowed back on how much it tells analysts ahead of its results, as investors continue to warn about the handling of pre‑close calls.

The sportswear manufacturer decided not to host a pre-close call with analysts for its fourth quarter and full-year results, a company spokesperson confirmed. It instead made preliminary results public on 24 January.

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